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|User Info||The Consumer Is Strong!; entered at 2023-09-12 08:44:54|
@Dingleberry - |
I have seen reports of up to a 1/3rd of women not willing to come back to the office. Ever. What do you think this does to wages or labor supply?
This actually could be a good thing. Oh, women don't want to work? Gee, what else could they do? Wellllll....
Oh wait, they get off the hamster wheel? Well then, that means household income falls, which means house PRICES have to come down materially (like by 2/3rds or more!) and now a couple with one earner can afford one.
Oh my, look at that. Balance gets restored.