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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (318)10/20/2000 11:08:48 AM
From: AhdaRead Replies (1) of 24758
 
I don't think you can define skill unless you move it out of context of wages. If there is a shortage of any given kind of labor the costs of getting that labor is back to free market determined. No plumbers available whoops three hundred an hour. Which takes me back to:

In inflationary wage demand regimes service follows manufacturing.

In this particular time period the manufacturing segment of our economy moves to other lands to keep labor costs low.
The increased cost demand is not felt as less costly outsourcing is still available.

The problem in my mind is not the the amount of employed but how to control rates when they are past history and create problems instead of allowing natural sequence of supply and demand to regulate.

In my opinion we can't halt world inflation because it is also growth on the part of other nations.

So i guess from my point of view on an investment base the greater opportunity lies outside of this nation. I want to laugh here as I think numerous corporations feel as i do but are getting hung on a day to day basis due to dollar conversion.
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