"Things can't be better because if they're better they'll be more expensive."
Could have said the same thing about the 40 hour work week. We should all go back to 60 hour weeks so that we can save all that money then!
this post was submitted on 15 Mar 2024
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Works in England:
But no matter what Sanders tries to do, it seems unlikely to pass the Senate and will NEVER pass the House.
I don't think this will ever become law in the US in the near future. The biggest change for some workers came about because of the covid lunacy. So many were "forced" to work remotely and loved it. It was fun after they could no longer play the "we are all going die from covid" how employers wanted everyone to come back. This was total bullshit. If people were productive working remote why did they need to drag their ass back into an office
Given worker efficiency increases with decreased hours, the effective costs (measure in hours worked to afford something, not raw 2024 $s) should go down if the extra productivity doesn't just lead to more profits per employee hour worked.
If the 32 hour work week provides efficiency benefits then the market will trend to 32 hour work weeks and it's not going to impact the price to consumers. I can see heavy handed government action negatively impacting consumer prices and can see many be forced to work "Overtime" to make up the difference. Market pressures are incremental and competition forces companies to keep competitive margins. But if the whole market is just expected to eat additional labor costs by the government, I would expect the whole market would raise prices to keep the same margins rather than arbitrarily deciding to lower them.
We already see the market improving conditions without government action happening with remote work. There are some fortune 500 companies with enough corporate bureaucracy and money to burn that are resisting it. But the smaller start ups and SMBs that are thriving don't care where you are and how long you spend doing it as long as the work gets done.