welfare vs wages

[Rudeboyelvis]

Originally Posted by jms62

http://www.marketwatch.com/story/low...omy-2013-12-06

2 different issues entirely. Lower wages vs. raising the minimum wage. Welcome to the global economy where engineers in Bangalore, India are happy to do your job for 40% of what you are being paid. I don't have a clue what the answer to this is, short of absolute Protectionism.

[jms62]

Originally Posted by Rudeboyelvis

2 different issues entirely. Lower wages vs. raising the minimum wage. Welcome to the global economy where engineers in Bangalore, India are happy to do your job for 40% of what you are being paid. I don't have a clue what the answer to this is, short of absolute Protectionism.

You come across as highly intelligent to me. Do you see that if we continue on this path Deflation is the only logical outcome?

[GPK]

Originally Posted by jms62

You come across as highly intelligent to me. Do you see that if we continue on this path Deflation is the only logical outcome?

You don't know him very well.

[Rudeboyelvis]

Originally Posted by GPK

You don't know him very well.