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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (309)	10/20/2000 2:54:30 AM
From: gpowell	Read Replies (1) of 24758

The theory is that in full employment wage demanders will successfully sue for inflated wages. That theory fails because the US has not hiked trade barriers to protect America from competition and enable unions to succeed in inflating wages. What do you think of Paul Krugman’s thesis that real wages for unskilled workers have declined due to automation?

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