Page 5 - Swiss Wages News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Neuste Zahlen: So stark sind die Einkommen in deinem Kanton gestiegen
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Milchimport eine Gefahr für Produzenten? - Schweizer Bauer
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Mehr verdient: Schweizer Löhne sind in der Krise bis zu 2 Prozent gestiegen
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less good? this sounds bad and will sound obnoxious for the first time for me. why lower leg is not something to be celebrated, nor needs to burst into fear or crisis. when wages are low, it s why the productivity grows in the u.s. among the highest in the world. when the wages are low. that keeps the prices down of products. that s why inflation has not been a problem. when wages are too high, that s when our u.s. car industry gets destroyed by japan and korea. that s when the airline industry has a problem. you have to take wages down. so let s not be so crisis ridden about this. we forget, there is a lot of stuff throughout that s cheaper than used to be. you be a footlong sub for $5. it may be bad news for the people, but good for the economy. the fact of the matter is when high qualified people takes low-paid jobs the economy is not doing what it
productivity does not mean artificially slashing wages. of course we want flexibility in the labor market. the key thing is to allow entrepreneurs to take risks, allow businesses to expand. wages go up naturally. in terms of why we re having a pump recovery, again weak dollar, uncertainty about taxes. massive regulation about healthcare. that s why businesses aren t hiring. you taught me there is no such thing as wages are artificially going down. markets decide where wages go. markets take new jobs when they re unemployed because there is less demand. the heart of the economy is not working because the arteries are clogged, because of the weak dollar taxation, massive regulations coming along. look at what the federal communications did on the internet. david: you want in here, go ahead. i think steve s point works as long as you ignore recent history. financial engineering got us here. weak dollar was a subset of