RE: The Law of Unintended Consequences Will Kick You In The Balls Every Time
March 11, 2017 at 8:36 am
(March 10, 2017 at 8:53 pm)mh.brewer Wrote: Raise the wages, employees will turn up. Labor demand econ.
But that's not how economy works these days, isn't it. Pay less, sell cheaper is the slogan. People have become so accustomed to buy the cheapest products that they don't notice anymore. And it's a vicious circle. The less people have in their wallets, the cheaper the goods have to be.