SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Foreign Affairs Discussion Group
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: geode00 who wrote (204724)9/29/2006 2:09:37 PM
From: Ichy Smith  Read Replies (1) of 281500
 
But making a bank account joint hasn't transfered even one dollar has it? Over a number of years, whose money was it?

In theory every time you raise wages people look at the jobs they have to offer and evaluate the need to have the job done against the cost of having it done. If it isn't worth paying the simply move some of the work around. OTOH those that have to pay the raise in wages simply raise their prices so that the cost of living goes up and the person on minimum wages is exactly where they were before the wages went up.

But that is only the theory as I recall it 30 years after I heard it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News