This is one major reason why an increasing number of the working population is simply cutting their hours or refusing to work, altogether.
The marginal return on productive labor is declining.
Discussion
This is true. I have a cousin who works as a diesel mechanic, and he used to love working overtime. Now, he doesn't work anywhere near as much and has just been liquidating small portions of his most profitable investments.
I just got a paycheck where they deducted 47% of my salary. 😏
My company keeps asking me to switch to full-time, but it's like
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👀🤨 Whoa...
Honestly, I'm at kind of a loss for words about this...