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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (44881)1/28/1999 10:10:00 PM
From: RealMuLan  Read Replies (2) | Respond to of 132070
 
<<inflation is screaming out of control.>>

Bonnie, it seems to me that few people ever seriously talk about what is the impact of using the cheap labor all over the world on the so-called low inflation rate here in the States. Methink it has a huge impact. The cheap labor is one of the main reason for the low merchandise price here. This seems work like magic. US only need to print more money and import most of the goods at a bargain price. I guess this may be is "a new pair of dime" they are talking about<g>.