On: If wages are to rise, workers need more bargaining power

[jcadam]

The novelty has worn off; I'd rather have the money.

[bkohlmann → jcadam]

Fortunately, you can. Instead of buying the latest widget, you can choose to save the money.

[adgasf → bkohlmann]

I think the point being made is:

- People on average have less disposable incoming due to rising costs of housing, education and healthcare.

- Some goods (e.g. computers) have gotten dramatically cheaper in the last 20 years.

So you can save a little by not having the latest products and services, but it is insignificant compared to the overall financial challenges people face. [1]

[1] https://www.theguardian.com/commentisfree/2017/may/16/avocad...

[jcadam → adgasf]

> I think the point being made is:

> ...

Exactly, thank you :)

[paulddraper → bkohlmann]

This is the power of free markets.