> Cameron wrote: > Keynesian economics are mostly macroeconomics - big decisions, small > nudges, tinkering with the economy on a grand scale to effect a > certain outcome.
Brilliant! Really a great piece of analysis. Worthy of The Economist. I would just add one small thing: when the manufacturing plant moves, people move away or have less disposable income and stop buying burgers. Now the Burger King closes. Take a look at iron range towns in Minnesota or Michigan - they're ghost towns. Really I think the larger point is that forcing the market to pay labor more than it's really worth trains people into paycheck-to-paycheck living. Some never get the message that they need to "get something going". They just bump along from one low wage job to the next. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:175303 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
