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

To: i-node who wrote (699754)2/18/2013 12:43:04 PM
From: tejek1 Recommendation  Read Replies (3) | Respond to of 1578927
 
Economics expert he may be, but he definitely doesn't have the slightest understanding of the precepts set forth in Theory of the Firm courses taught all over the country.

Why is it that mgmt can raise its wages by many thousands whenever it likes but raising minimum wages a few cents causes you all to go into cardiac arrest?



To: i-node who wrote (699754)2/18/2013 1:11:48 PM
From: bentway  Respond to of 1578927
 
"The economics nitwit ought to try and explain how $9/hour wouldn't cause problems but $20/hour would."

For the same reason that cutting taxes to ZERO wouldn't bring in more revenue, but cutting taxes from 91% to 71% did.

Do you know what a straw man is. Dave?


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