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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (497906)7/24/2009 10:46:37 AM
From: Road Walker1 Recommendation  Read Replies (5) of 1581540
 
When you increase the price of labor, you decrease demand for that labor.

In general the demand for labor is based on the demand for goods and services. Increasing disposable income increases demand for goods and service... and thus employment. From a cost of labor perspective that may have an impact at the margin but not nearly as much as impact of the increased spending power.

Now it does hit the net profit percentages of labor intensive business and can marginally increase the inflation rate... the price you pay for a healthy economy and a healthier society.

BTW argue the points without the personal insults or I won't respond again... which I'm sure would be OK with you.
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