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To: central_va

Then someone else needs a welder. The supply doesn’t increase when one welder moves from company A to company B.

You need to think macro and not micro.


9 posted on 05/12/2016 4:38:01 AM PDT by SoothingDave
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To: SoothingDave
Then someone else needs a welder. The supply doesn’t increase when one welder moves from company A to company B.

Then wages go up. That will cause an increase in supply.

50 posted on 05/12/2016 5:53:00 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: SoothingDave
Then someone else needs a welder. The supply doesn’t increase when one welder moves from company A to company B.

In the short run. But in the long run when people see that welders are making mad cash they learn to weld.

Unless treasonous globalist scum import third world scabs to do the job for crap wages...

63 posted on 05/12/2016 6:25:18 AM PDT by MaxFlint
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To: SoothingDave

Then wages should be raising, but they are not.

Adjusted for inflation wages are down/stagnant over the last 30 years. But productivity is way up.


71 posted on 05/12/2016 7:47:40 AM PDT by crusher2013 (Liberalism is Aristocracy masquerading as equality)
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To: SoothingDave
"Then someone else needs a welder. The supply doesn’t increase when one welder moves from company A to company B."

Sure it does. When welding pays better, more people go to school to become welders. There was a big fluff not too long ago about the lack of petroleum engineers to fill vacancies left by retirements. The industry started paying bigger salaries, and suddenly schools had to start turning students away because there weren't enough seats in the classrooms.
77 posted on 05/12/2016 11:16:58 PM PDT by Eisenhower Republican (Supervillains for Trump: "Because evil pays better!")
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