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Matt Darling's avatar

Brian, you neglected to mention that the USA slows down it's labor market via experience rating and should switch to Europe's superior flat payroll system. We should have the dynamic system that doesn't punish variance! That's who America is!

Les Barclays's avatar

Great post! This seems to echo a lot of what I'm seeing (in the UK). Also love the 'everything is housing' analogy.

Adam Millsap's avatar

I also like Pieter’s piece and think it makes a lot of sense. Nice analysis here, too, I like the housing analogy.