For all you economic gurus and what not, I just want to know if this thought is possible? I have no freaking clue, but I've been thinking about it considering how things are. I'm sure it's been thought of, that's why I ain't calling it an idea.
Anyways, I just want to know if it's possible to shorten the average day of a typical worker to 4hrs. instead of 8hrs. Basically cut full time 40hr workers to 20hrs a week. As a matter of fact, everyone gets their hours cut in half and wages cut in half. Your making 20 an hour, your now making 10.
Reason being, that way we have more freetime to do stuff, shop, be with family, etc... Wouldn't more freetime, allow us to go out and spend more to help the economy? Not to mention, lower stress from so much work. Wouldn't it also create more jobs because to fill a normal 1 person's 8 hours of work, you'll need 2workers now? So essentially, it doubles the work place.
Only issues I see, is that the rest of the economy, would have to cut prices in half to compensate for the lower wages. So instead of gas being $2.00 a Gal, it would have to be $1.00. Instead of paying $20,000 for a car, it now costs $10,000.
So is this possible? Basically I'm talking about an entire change in the way things are economically of course, but mainly a whole entire social change of life. It would change a lot.
Anyways, I just want to know if it's possible to shorten the average day of a typical worker to 4hrs. instead of 8hrs. Basically cut full time 40hr workers to 20hrs a week. As a matter of fact, everyone gets their hours cut in half and wages cut in half. Your making 20 an hour, your now making 10.
Reason being, that way we have more freetime to do stuff, shop, be with family, etc... Wouldn't more freetime, allow us to go out and spend more to help the economy? Not to mention, lower stress from so much work. Wouldn't it also create more jobs because to fill a normal 1 person's 8 hours of work, you'll need 2workers now? So essentially, it doubles the work place.
Only issues I see, is that the rest of the economy, would have to cut prices in half to compensate for the lower wages. So instead of gas being $2.00 a Gal, it would have to be $1.00. Instead of paying $20,000 for a car, it now costs $10,000.
So is this possible? Basically I'm talking about an entire change in the way things are economically of course, but mainly a whole entire social change of life. It would change a lot.