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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (252789)1/1/2008 9:12:42 PM
From: Nicholas Thompson  Respond to of 281500
 
You know that there is no correlation between the two, if you don't know that you are really out to lunch.



To: Peter Dierks who wrote (252789)1/2/2008 9:41:52 AM
From: c.hinton  Read Replies (1) | Respond to of 281500
 
it is an over simplification to blame hikes in the minimum wage for causing recessions.

demands for minimum wage hikes generally follow a period of raising prices which in turn require a tightening of monetary policy ...that tightening is what often causes the recession.


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