LogFAQs > #969206180

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TopicPolitics Containment Topic 396: America's Mid(terms)
Corrik7
11/05/22 6:18:55 AM
#482:


We would need more data to completely assess the situation, but it's dangerous to draw a conclusion from a Twitter stat snippet.

Profit margins will always be up with low supply items. This is a very basic supply demand curve you learn in basic economics 101.

I feel like people like to spout numbers with zero understanding of what it means.

For example, you have the wage growth charts vs productivity over time. It is explained by automation. Productivity rose but wages stagnated. Because automation increased productivity by streamlining processes. A worker can now do less work and produce more.

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