That's right, whether it's the governments or the prospective workers who set the price too high for the buyers.
<Only employers force people into unemployment. > As an employer, I never hire BMW makers, or diamond cutters or miners, or caviar producers, or Lexus manufacturers, or Cessna Citation manufacturers, or iPhone assemblers, etc. I'm happy to leave them all unemployed, though there are some buyers who will employ them.
But governments make it uneconomic to hire many prospective employees because governments make it illegal to hire them for what they are worth. If somebody isn't worth the minimum wage and the potential employment law costs of hiring them, then they won't be hired, because governments make it illegal to hire them for what they are worth.
Mqurice |
