Re: MEDIA: Globalism, end of Socialism causes of jobless recovery

From: Dehede011@aol.com
Date: Sun Sep 01 2002 - 16:10:55 MDT


In a message dated 9/1/2002 4:39:37 PM Central Standard Time,
reason@exratio.com writes: But given a sufficiently tight labor market (for
employers), they do. To take an extreme example, look at what happened in the
Bay Area, CA, over the last five years.

Reason,
       That has been a beautiful thing you have going out there.
       Then you said, "This happens in all markets that are modestly
unregulated. If there aren't enough workers, wages will rise, people/entities
will take notice and
retrain, and companies will be more willing to take on people without
experience. Simple supply and demand." Frankly I think you have just put
your finger on the problem. The regulators have not been the nasties that
have chopped off the head of the golden goose, they have only put a tight
collar around his neck so he can't breathe properly. <G>
 Ron h.



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