On Dec 6, 2007 6:54 AM, Charles Brown <[EMAIL PROTECTED]> wrote: > In the long run, this type of 'full employment' became financially > untenable. > > Leigh > > ^^^^^^^ > > How so ? > > Charles >
Your kidding right? Explain how paying $10 for $5 dollars worth of labor will affect the consumer cost of that product in a large scale economy? Even in socialist societies, consumers are expected to pay for the product, and even if subsidized, the money still comes from the individual's pocket even if indirectly.
