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Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises: ‘Reinforce that every year offers unique opportunity for impact’ (finance.yahoo.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises: ‘Reinforce that every year offers unique opportunity for impact’::Managers are being ordered to dodge employees' questions about how the latest budget cuts will impact their pay.

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[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

More money in the hands of working class people + equal or less of working class goods = essentials worth more

The problem would be that working class people need different stuff than rich people spend/invest a bulk of their money on. If a billionaire can't afford a yacht or a mansion that won't effect the price of bread or single family homes if the working class still has an inflated money supply.

I'm not an economists, nor do I have the solutions to any problems, but I think the above concept is pretty set in stone.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

Or maybe instead of building a yacht they would build more public housing. If the workers could decide between the two, then I would think there would be more homes and less mega yachts.