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Originally Posted by $5 submissions
You're saying that the SERVICE and MANUFACTURING sectors are SO DIFFERENT that they react differently from increased wages? Which differences account for the difference in effect?
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Exports. Local manufacturing would be effected by imports. And non local could suffer do to the region it is importing to having lower wages.
The better idea is to do this as a nation and let the effect of inflation even it out again. What is dumber yet is it would help decrease the US debt and improve the whole situation. We just have people who don't get economics in this country and for some reason those same people become politicians.