Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rolling_stone

fair enough, but I never argued that an increase in labor supply would not decrease wages in the short term. However, what it DOES do is improve our businesses' competitiveness with foreign businesses, reduce the cost of living for ALL Americans (while reducing wages for some), and again, in the long run, a larger market means more specialization, and more productivity. Envision, if you will, a society with only one person. That person is pretty much stuck in terms of career opportunities: they can grow their own food, make their own clothing, etc., none of them very productively. Add another person, and one can focus on growing food, another on making clothing, they can trade, and productivity increases. Add another, and you may just have room for some new occupations, new goods and services to be provided by the market. When you increase the size of the market, everyone benefits in the long run, even if there is a little short term pain. In fact, that's the thinking behind ALL free trade policy.

And when did the plight of the worker become the primary concern of the Republican Party?


432 posted on 04/13/2006 9:55:00 PM PDT by deanis73
[ Post Reply | Private Reply | To 421 | View Replies ]


To: deanis73

And when did the plight of the worker become the primary concern of the Republican Party?

I am not surprise you don't understand what Conservatives are concerned with...


447 posted on 04/13/2006 10:01:42 PM PDT by rolling_stone
[ Post Reply | Private Reply | To 432 | View Replies ]

To: deanis73
However, what it DOES do is improve our businesses' competitiveness with foreign businesses, reduce the cost of living for ALL Americans (while reducing wages for some), ...

Ah, there it is. Did you write that drivel for the CATO Institute? "So what if it drives down wages $1,700 per year? And so what if that same carpenter only gets a $200 dollar increase in purchasing power? Us six figure guys will save thousands$$$$$$!!!!!!"

492 posted on 04/13/2006 10:29:32 PM PDT by TigersEye (Sedition and treason are getting to be a Beltway fashion.)
[ Post Reply | Private Reply | To 432 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson