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Subject: Re: I disagree with you . You are stating the same old thread that people use to keep minimum wages low | |
Author: billvon |
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Date Posted: 08:52:48 01/03/08 Thu In reply to: Bev 's message, "I disagree with you . You are stating the same old thread that people use to keep minimum wages low" on 03:33:14 01/03/08 Thu >after bush had been in office two years the >unemployment rate for wa state was high. I'm afraid that I am one of those people who believe that the people in the economy, rather than the president, determines what happens in the economy. >which proves my thinking that when people make >more they have more to spend which then puts more >people to work making goods and serving the public. When everyone makes more, they have more to spend. Stores know this and raise prices. People don't stop buying because they have more money. Real estate prices shoot up - and are bought by the people who have more money. In other words, inflation without any real increase in buying power. [ Next Thread | Previous Thread | Next Message | Previous Message ] |