jon_berzerk
Platinum Member
- Mar 5, 2013
- 31,401
- 7,369
I notice when the price of gasoline goes up, people drive less. And when the price of meat goes up, they eat less meat.
All costs are part of the economic system and they all go up. For some reason the conservative economic model thinks they should all go up except the wages of working people.
As with all commodities, the price will cause a temporary adjustment in the marketplace, and then it will adjust, and then the system will go back to normal.
Wage is just another word for metal, or corn, or gasoline. When ANY of them go up it causes a temporary reduction in purchase of that product. Labor is one of them. Then it resumes equilibrium.
But for some reason, conservatives believe all those things naturally increase in price over time except how much human beings get paid for their effort.
Hmm, now who would this benefit?
When labor becomes over priced, employers figure out a way to get by with fewer employees.
Why in the he'll would anyone want to force employers to get by with fewer employees? What has been accomplished by that?
in the long run it cuts federal income tax base
sweet