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

To: i-node who wrote (463313)3/12/2009 3:59:23 PM
From: combjelly  Read Replies (1) | Respond to of 1577195
 
"Other than the rather obvious fact that fundamentals of economics absolutely prove it, I guess you have a point."

No they don't. Nor does history back it up.

"There is zero doubt that had the cost of hiring employees stayed the same or been reduced, the recovery would have happened sooner."

There is plenty of doubt. Again, the countries who didn't implement any New Deal policies did worse, and sometimes far worse, than those that did.



To: i-node who wrote (463313)3/12/2009 8:04:30 PM
From: bentway  Read Replies (1) | Respond to of 1577195
 
"If it costs $1 to hire an employee, business will be more apt to hire him than if it costs $1.25 or $1.50. "

If employees were slaves, employers would use more of them.


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