Iceweasel
Diamond Member
I don't know about inflation but it does move more jobs offshore. You can't force a business to operate at a loss, they will either close or move.Those of you predicting (praying for?) layoffs and huge price increases are going to be disappointed.
Inflating labor prices have NEVER EVER been shown to cause inflation.
NEVER!
Every time there is inflation, it comes from Government deficit spending or very VERY liberal lending practices.
Let me recap...increasing labor costs have never EVER been shown to cause inflation,
Increasing labor costs follow, they do not lead inflation.
Deny it to your hearts content, but you are either misinformed or simply making shit up to bolster your feeble anti-labor arguments.