" Have you never been in business? " I am self employed. As I...

" Have you never been in business? "

I am self employed.

As I have posted previously,as late as yesterday,its far easier to stimulate the economy by increasing wages,thereby increasing demand,that the way you suggest.

The erosion of real wages has affected adversely the motivation and morale of workers thereby weakening productivity, argues David Spencer. Higher real wages would raise productivity and also induce the demand needed to absorb the extra output created by the rise in productivity. In short, a high wage economy is a precondition for a return to sustainable prosperity.


Raider