Capillary Economics
Feb. 12th, 2018 04:13 pmHave you ever considered that leap years are a tax on the bourgeoisie?
Blue-collar and part-time workers tend to get paid hourly, daily or weekly; white-collar jobs are usually paid monthly. In a leap year, the income of a monthly-paid worker remains the same as in a non-leap year, meaning that the extra day is effectively unpaid labour; whereas someone paid by the hour, day or week will of course get extra money for the extra day.
I would like to say that the universe arranged this as a kind of redistributive fiscal policy, but sadly the extra money raised by the unpaid labour of the middle-classes doesn't go to the less well off - except, perhaps, to a small extent, in the case of public-sector workers. It's trickle-up economics, as usual. The solar system is a Tory - but I suppose we already knew that from Ulysses:
And therefore is the glorious planet Sol
In noble eminence enthroned and sphered
Amidst the other; whose medicinable eye
Corrects the ill aspects of planets evil,
And posts, like the commandment of a king,
Sans cheque to good and bad: but when the planets
In evil mixture to disorder wander,
What plagues and what portents! what mutiny!
Blue-collar and part-time workers tend to get paid hourly, daily or weekly; white-collar jobs are usually paid monthly. In a leap year, the income of a monthly-paid worker remains the same as in a non-leap year, meaning that the extra day is effectively unpaid labour; whereas someone paid by the hour, day or week will of course get extra money for the extra day.
I would like to say that the universe arranged this as a kind of redistributive fiscal policy, but sadly the extra money raised by the unpaid labour of the middle-classes doesn't go to the less well off - except, perhaps, to a small extent, in the case of public-sector workers. It's trickle-up economics, as usual. The solar system is a Tory - but I suppose we already knew that from Ulysses:
And therefore is the glorious planet Sol
In noble eminence enthroned and sphered
Amidst the other; whose medicinable eye
Corrects the ill aspects of planets evil,
And posts, like the commandment of a king,
Sans cheque to good and bad: but when the planets
In evil mixture to disorder wander,
What plagues and what portents! what mutiny!
(no subject)
Date: 2018-02-13 12:49 am (UTC)While any number of years without leap days have an average of 30.4167 days/month, include leap years and there's an average of 30.4375 days/month, which if I've calculated this correctly is a difference of about half an hour. More like eight minutes if you're only allotting work time. Surely they've figured that into the pay scale already if it makes any difference at all?
(no subject)
Date: 2018-02-13 06:44 am (UTC)(no subject)
Date: 2018-02-13 02:02 pm (UTC)(no subject)
Date: 2018-02-13 03:57 pm (UTC)I'm not saying it's a big issue!
(no subject)
Date: 2018-02-13 04:25 pm (UTC)