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To: Box-By-The-Riviera™ who wrote (306195)	5/1/2005 7:03:11 AM
From: maceng2	Read Replies (1) \| Respond to of 436258

If deflation becomes a real issue, couldn't the various governments simply negate it by increasing the minimum wage level? This article argues against any increase.. fosters.com Federal Reserve studies show forcing businesses to raise wages eliminates jobs. Also, if businesses have to pay more, they have a right to demand more skills from their employees. This one states the UK's policy dw-world.de As opposed to their continental neighbors, Britain is leaving its labor market open. However, in order to prevent jobs from drifting into black market, people from new EU states have to register with the authorities. In this way, the government can keep an eye on the labor situation, collect taxes and ensure that minimum wage regulations are being followed.