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Employing people is a cost. And when that cost rises, fewer people are going to be employed.
Consider the example of Hostess and Twinkies - they were brought back from literal ruin to success... by automating and eliminating jobs.
By: dave
Monday, Jul 11th 2016 (12:00am)
[Comments: 3]
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From: anonymous
Date: 7/11/16 @ 12:34 AM
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"I will build a car for the great multitude. It will be large enough for the family, but small enough for the individual to run and care for. It will be constructed of the best materials, by the best men to be hired, after the simplest designs that modern engineering can devise. But it will be low in price that no man making a good salary will be unable to own one-and enjoy with his family the blessing of hours of pleasure in God's great open spaces."-Henry Ford

"History is more or less bunk."--Henry Ford
spam_vigilante From: spam_vigilante Ignore me at your own peril
Date: 7/11/16 @ 05:09 AM
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Not a big surprise, an anti-labor article by Forbes. But the facts remain that Seattle and Los Angeles raised their minimum wages and unemployment fell. The most productive regions of the world are highly in favor of organized labor.
ZiB From: ZiB
Date: 7/11/16 @ 06:45 AM
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pay wall...nitch

Comment in Employing people is a cost. And when that cost rises, fewer people are going to be employed. as anonymous


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