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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (108702)2/22/2010 7:33:33 PM
From: marcher5 Recommendations  Read Replies (1) | Respond to of 116555
 
my position is that public agencies are essential. this is a centrist position. unions have been reduced to minimal impact.

most economists consider friedman's and hayek's views to be extreme. this is not to call them fools, however.

i think your points are more persuasive without name calling. but maybe that's just me.



To: mishedlo who wrote (108702)2/22/2010 10:10:12 PM
From: Lee  Read Replies (1) | Respond to of 116555
 
There seems to be agreement:

- Globalization is putting pressure on private wages
- Unemployment will stay high for awhile

Yet in this environment government wages and benefits should be exempt from these pressures?


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