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To: Your Nightmare

Do we get to cut people's wages like Jorgenson and Wilcoxen did in their simulation?

If you don't want any employees, go ahead.

Leaving the simulation equations open to express a potential of higher or lower wages, and lowering them are two enterly different conditions.

The first is the general characterisation of the simulation. The later is a result not found in the conclusions.

Nice try though.

450 posted on 06/11/2005 9:13:05 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
OK. Let me rephrase for the master parser.

Do we get to allow wages to drop like Jorgenson and Wilcoxen did in their simulation even though it would be impossible to do in reality.
455 posted on 06/11/2005 9:21:41 AM PDT by Your Nightmare (::tick:: ::tick:: ::tick::)
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