Progressive Caucus’ Endorsement of 32-Hour Workweek Act
So how&#x27;s this supposed to work?<p>If I work 32 hours a week instead of 40, is my employer still going to pay me the same amount of money?  Or only 80%?<p>If only 80%, does the Progressive Caucus think that everyone&#x27;s going to be thrilled at having to take a 20% pay cut?<p>Or do they think employers are going to pay the same out of the goodness of their hearts?  Or are they going to <i>require</i> employers to pay the same?<p>If the employers have to pay the same for less work (= less stuff produced), is there any realistic scenario where that won&#x27;t be inflationary?<p>If companies have to pay the same for less work, that&#x27;s a higher hourly rate.  Won&#x27;t they simply lay off those who don&#x27;t produce enough per hour to cover their cost?<p>Is there any way this doesn&#x27;t have very negative second-order effects?<p>So:  Is this just a publicity stunt by the Progressive Caucus?  Or do they really not understand second-order effects (and basic economics)?