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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (36892)9/14/2000 5:59:11 PM
From: Neocon  Read Replies (2) | Respond to of 769667
 
You are simply wrong.



To: sea_biscuit who wrote (36892)9/15/2000 8:09:51 AM
From: kvkkc1  Read Replies (3) | Respond to of 769667
 
The wages can't be raised because corporations realize that they need to build in foreign countries with lower labor rates to remain competitive in global markets. The equilibrium price on the supply-demand curve goes down as production costs go up. All people benefit from the world markets offering products for less. This keeps inflation down and allows folks to acquire necessities at a somewhat reasonable price. The European fuel taxes act much in the same manner that increases in wages act. They all drive up price.knc



To: sea_biscuit who wrote (36892)9/15/2000 5:30:07 PM
From: Elvis Jones  Read Replies (1) | Respond to of 769667
 
Wages are being increased in this market by natural economic forces of supply and demand.

My point is that with natural economic forces benefiting the lower wage workers the artificial stimulus of a minimum-wage increase is not needed.