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The Black Market Is Becoming The Dominate Marketplace
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<blockquote data-quote="av8torntn" data-source="post: 936828" data-attributes="member: 8259"><p>First what are you looking at to support that?</p><p></p><p>Second if wages were depressed but due to market efficiencies consumption power increased why do you see this as a negative? If wages grow as they do now but currency value declines as it does now how do you see this as a positive result of governmental interference?</p><p></p><p>My two main points of interest with you are: </p><p></p><p>1) Are you just making an emotional argument</p><p>2) How do you see an increase in consumption power as a decrease in earning power</p><p></p><p>My suggestion is that higher skilled jobs in a free market will demand higher wages or that labor could/would enter the market as a consumer of labor as long as their are low governmental barriers to market entry. Ever wonder why large corporations at times support increased government regulation? My suggestion is also that lower skilled labor needs to be able to enter labor markets at lower wages to gain skills that also have a value and could be considered as a form of compensation. When you force a company to pay more than the market is willing to bear for labor it causes companies to demand more efficiency from their current labor as opposed to filling an open position. This can have a snowball type effect particularly in skilled type positions.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 936828, member: 8259"] First what are you looking at to support that? Second if wages were depressed but due to market efficiencies consumption power increased why do you see this as a negative? If wages grow as they do now but currency value declines as it does now how do you see this as a positive result of governmental interference? My two main points of interest with you are: 1) Are you just making an emotional argument 2) How do you see an increase in consumption power as a decrease in earning power My suggestion is that higher skilled jobs in a free market will demand higher wages or that labor could/would enter the market as a consumer of labor as long as their are low governmental barriers to market entry. Ever wonder why large corporations at times support increased government regulation? My suggestion is also that lower skilled labor needs to be able to enter labor markets at lower wages to gain skills that also have a value and could be considered as a form of compensation. When you force a company to pay more than the market is willing to bear for labor it causes companies to demand more efficiency from their current labor as opposed to filling an open position. This can have a snowball type effect particularly in skilled type positions. [/QUOTE]
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The Black Market Is Becoming The Dominate Marketplace
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