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edude03 | 1 month ago

> There is no economic rule that says that riveting should pay more than taking care of the elderly or food delivery.

There kind of is - it's the same reason B2B SaaS tend to make more money than B2C - it's easy (easier) to sell someone something if they can make money from it.

If I can pay you Y to rivet some sheet metal together and sell the finished product for Y * 10, that's a much better outcome for me (economically) than paying someone to take care of my elderly parents. In fact, maybe I'm not mean, maybe _I_ don't make enough money to afford to pay someone to take care of my elderly parents.

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runako|1 month ago

Economic rules are all subject to externalities like the effects of taxes, regulations, etc. I mean there is no rule in the sense that some of the jobs that are poverty wage in the US are not poverty wage in other countries due to the impact of regulation.

It's a policy choice to allow Walmart pay full-time employees so little that taxpayers have to subsidize their food. We are free to make different choices.