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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (167723)5/23/2002 7:58:31 AM
From: Oblomov  Read Replies (1) of 436258
 
LOL... some of us work hard here...

Wouldn't that merely shift demand for labor back to the US? Wage inflation overseas would just raise import prices, not wages here necessarily. In any case, I don't see how wage inflation can occur in the context of high unemployment. What bargaining leverage would unions or individual workers have in this context? There will always be high-demand professions, but I mean in aggregate.
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