Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a bill to establish a standard four-day workweek in the United States without any reduction in pay. The bill, over a four-year period, would lowe…
which will be enabled by us having more time to do our own stuff
You may be underestimating the laziness of the average consumer. I don’t think people are going to use 1 extra day a week to start refining their own gas, making their own clothes or raising their own cattle.
This is a bad faith response. Of course nobody is going to refine their own gas, since it takes a multi-billion dollar refinery to refine gas. People can definitely do the two things I specifically mentioned, as well as a myriad of other things that I did not mention, which will take load off of the economy, and price gouging power away from the specific industries I mentioned.
And if not, then they can keep paying for overpriced, unhealthy food that they will continue to be price gouged on (which I also already said).
I didn’t explain that very well, but my thinking was that industries such as gas where there is no ‘DIY’ alternative will be immune to these positive effects.
Makes sense. But traveling to the office one day less per week, one day less per week of daycare, and having one more full day per week to do things like food prep will also help cool demand for adjacent markets. Not an expert though, obviously!
True, but keep in mind this is less revenue for the daycare center, less revenue for the coffee shop around the corner from the office, etc. That money doesn’t just go into a void.
You may be underestimating the laziness of the average consumer. I don’t think people are going to use 1 extra day a week to start refining their own gas, making their own clothes or raising their own cattle.
This is a bad faith response. Of course nobody is going to refine their own gas, since it takes a multi-billion dollar refinery to refine gas. People can definitely do the two things I specifically mentioned, as well as a myriad of other things that I did not mention, which will take load off of the economy, and price gouging power away from the specific industries I mentioned.
And if not, then they can keep paying for overpriced, unhealthy food that they will continue to be price gouged on (which I also already said).
I didn’t explain that very well, but my thinking was that industries such as gas where there is no ‘DIY’ alternative will be immune to these positive effects.
Makes sense. But traveling to the office one day less per week, one day less per week of daycare, and having one more full day per week to do things like food prep will also help cool demand for adjacent markets. Not an expert though, obviously!
True, but keep in mind this is less revenue for the daycare center, less revenue for the coffee shop around the corner from the office, etc. That money doesn’t just go into a void.