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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (184386)3/9/2004 2:25:21 PM
From: tejek  Read Replies (1) | Respond to of 1573130
 
Ted, That would cause huge inflation but maybe over a decent period of time so long as other salaries were not raised at the same rate.

Don't you think it would also cause massive unemployment? If you had a small business employing workers at $10/hour, and some politician raised the minimum to $20/hour, what would you do?

Did you not read what I posted........it would have to be done over time in order to minimize the inflationery ramifications.

ted


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