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Bandwagon

Bandwagon

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Poupou Escobar said:
No it doesn't.
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Of course it does, if we accept business wants to minimise costs where practical, and we accept your assertion that "They have more control over how much they spend on labour than many of their other costs" then it follows that business would want to control the costs of that thing that they have more control over.

And if they do control the costs of labour, as you assert they can, then the cost of labour isn't going to be increasing at the same rate as their other input costs, which means that the cost of labour isn't what's driving their rising costs, at least not near the degree of everything else.
 
Poupou Escobar

Poupou Escobar

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Bandwagon said:
Of course it does, if we accept business wants to minimise costs where practical, and we accept your assertion that "They have more control over how much they spend on labour than many of their other costs" then it follows that business would want to control the costs of that thing that they have more control over.

And if they do control the costs of labour, as you assert they can, then the cost of labour isn't going to be increasing at the same rate as their other input costs, which means that the cost of labour isn't what's driving their rising costs, at least not near the degree of everything else.
Click to expand...
You're ignoring the fact that people are free to leave and chase the money at rival employers. While employers might want to control costs, in an environment of low unemployment that usually means requiring more from fewer employees rather than trying to keep them all while paying them less.
 
Bandwagon

Bandwagon

Moderator
Staff member
Messages
43,244
Poupou Escobar said:
You're ignoring the fact that people are free to leave and chase the money at rival employers. While employers might want to control costs, in an environment of low unemployment that usually means requiring more from fewer employees rather than trying to keep them all while paying them less.
Click to expand...

I'm not ignoring anything, fact is that wages are only now starting to rise due to those pressures, it's widely accepted beyond any doubt that the inflation experienced over the last few years is not, and has not been driven by wages.

Do you accept that? Or do you have some alternative facts to share?
 
Poupou Escobar

Poupou Escobar

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88,231
Bandwagon said:
I'm not ignoring anything, fact is that wages are only now starting to rise due to those pressures, it's widely accepted beyond any doubt that the inflation experienced over the last few years is not, and has not been driven by wages.

Do you accept that? Or do you have some alternative facts to share?
Click to expand...
I don’t know why you’re fixated on inflation. From the perspective of the business trying to stay viable it doesn’t matter why costs are increasing. They just are. The costs that can be controlled might have nothing to do with inflation. It really doesn’t matter.

Do you see? If inflation is reducing the viability of a business the solution for that business isn’t to reduce inflation. It’s out of their hands.
 
Bandwagon

Bandwagon

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Staff member
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43,244
Poupou Escobar said:
I don’t know why you’re fixated on inflation. From the perspective of the business trying to stay viable it doesn’t matter why costs are increasing. They just are.
Click to expand...

The short answer is I'm not, I posted a position, you disagreed and posted a counter to that, I replied, and so on, it's not a fixation, it's a discussion.

Should I have simply ignored your replies?
 
Poupou Escobar

Poupou Escobar

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88,231
Bandwagon said:
The short answer is I'm not, I posted a position, you disagreed and posted a counter to that, I replied, and so on, it's not a fixation, it's a discussion.
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No, I posted a position and you posted a counter. My reply was to loser baby and your reply was to me. Then you kept trying to make it all about inflation, which had nothing to do with my initial point that businesses were losing money and reducing labour costs was one of their only mechanisms to reverse it. Yes we know there's inflation. No it doesn't entitle workers to a job-for-life at the expense of the Capitalist.
Should I have simply ignored your replies?
Click to expand...
Only if you didn't want me to expose how little you know.
 
Bandwagon

Bandwagon

Moderator
Staff member
Messages
43,244
Poupou Escobar said:
No, I posted a position and you posted a counter. My reply was to loser baby and your reply was to me. Then you kept trying to make it all about inflation, which had nothing to do with my initial point that businesses were losing money and reducing labour costs was one of their only mechanisms to reverse it. Yes we know there's inflation. No it doesn't entitle workers to a job-for-life at the expense of the Capitalist.
Click to expand...

No one said it does mate, nice strawman.

Poupou Escobar said:
Only if you didn't want me to expose how little you know.
Click to expand...

Lolz mate, you know that 'aint happening.
 
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