To: mjp
Capitalism progressively raises average REAL wage rates.Not the way it's been practiced in the USA for the last 30 years. Unbridled legal immigration, pushed by Republican globalist economic disciples, created this person.
46 posted on
10/15/2018 6:52:34 AM PDT by
central_va
(I won't be reconstructed and I do not give a damn)
To: central_va
Unbridled legal immigration, pushed by Republican globalist economic disciples, created this person. Legal immigration is a mixed bag. It has pros and cons. It increases the supply of labor, which decreases average money wage rates, but it expands the division of labor which increases productivity of labor, which increases average real wage rates.
54 posted on
10/15/2018 7:57:03 AM PDT by
mjp
((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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