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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (463328)3/12/2009 7:10:56 PM
From: combjelly  Read Replies (2) of 1578005
 
"We know the economics of it. "

Sigh. You don't seem to.

"When you make it more expensive to hire employees, fewer get hired."

I dunno, you keep promoting the wacky idea that employers just hire people for no real reason other than they are cheap. Even if they don't have enough business to justify more employees.

Granted, employers try to contain their costs associated with employees. And expensive labor means they need more justification for hiring new people. But no business hires people just for the heck of it.

The big problem during the Great Depression was not expensive labor. Or a shortage of goods. It was a lack of demand. Cheap labor doesn't solve that problem. It makes it worse.

"I have no interest in discussing this with you. "

I guess that is one way to declare victory and go home.
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