There's no hole in my argument. The prices are are also a function of the profit margin. Human labor is a commodity, and the higher prices may or may not reflect that fact. It's just another part of the equation.
- Matt ----- Original Message ----- From: "Gruss Gott" <[EMAIL PROTECTED]> To: "CF-Community" <[email protected]> Sent: Wednesday, December 21, 2005 11:59 AM Subject: Re: Whos been walking to work past 2 days? >> Matt wrote: >> Now everyone in Happytown works at Company A and gets paid what >> Company A tells them they can be paid - minimum wage. > > Here's the hole in your argument: Now that "A Co" is paying higher > wages, it must raise prices or subsidize the higher pay with other > stores. Which means that: > > 1.) Now other businesses can compete with A Co because their costs are > equal or less than A co, or > > 2.) Other businesses compete with A Co by offering better service due > to their more highly paid, but better, workforce, or > > 3.) Other towns now pay higher prices or their wages drop because A Co > is subsidizing Happy Town. > > Unions, by asking for higher wages, lower your wages or raise your > prices. Unions seems to think that there's some money tree out there > and they just need to pick more dollars. There isn't. > > Higher wages mean higher prices. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Purchase Homesite Plus with Dreamweaver from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=55 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:189047 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
