Quote:
Originally Posted by Nebe
We shall see. My point here and I should have voiced it is that I see the economy picking up. Higher wages equals more spending and the fly wheels turn faster.
Posted from my iPhone/Mobile device
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If wages rise because th emarketplace calls for that, that's a good thing. If wages rise because the government arbitrarily decides it knows what wages should be, that would likely be bad. Nebe, they can't just print off enough money to give each of us $1 million, it doesn't work.
The value of something, is that which someone is willing to pay for it, not what some activist wishes it to be.