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To: maceng2 who wrote (1167)3/23/2002 5:27:30 AM
From: craig crawford  Respond to of 1643
 
>> Really? I think I have just articulated what happens when you double the workforce who also share the same house to live in. House prices go up, and keep going up till most people can only just scrape by paying for the mortgage.
Can't see how import tariffs on steel will help that problem. <<

tariffs raise the wages of american workers. if one wage earner can make enough to support a family and afford a house, there is less need or incentive for a second to enter the workforce.