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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (497912)7/24/2009 10:53:27 AM
From: i-node1 Recommendation  Read Replies (3) of 1582912
 
BTW argue the points without the personal insults or I won't respond again... which I'm sure would be OK with you.

You sorry f*ck. You are among the worst on this thread with insults. I don't give a damn whether you respond or not because you lack the intellect to respond to anyone other than bentway or tejek.

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.

I agree with this, however, even in the face of increased demand for goods, if there is increased cost of labor then hiring will be deferred because marginal cost has gone up. That's not what you want in a period of increasing unemployment.

It is astonishing to me that ANYONE would be supporting the idea of an increase in minimum wage at this point. It is so obviously counter to any sensible economic policy.
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