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Economy

Warpy

(114,381 posts)

1. I think it likely a lot of the "job creators" will want higher unemployment

Reply to steve2470 (Original post)

Wed Aug 26, 2015, 04:11 PM

Aug 2015

because when you're down to your last 20 billion, you start to feel the pinch of poverty and hear the wolf howling at the door.

The only thing that will encourage fuller employment with people working full time instead of part time is higher wages.

The PTB have the perfect excuse not to do that now.

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Opinions about US economy in the near future ? [View all] steve2470 Aug 2015 OP

I think it likely a lot of the "job creators" will want higher unemployment Warpy Aug 2015 #1

there really isn't enormous pressure on wages at this point. unblock Aug 2015 #3

i think there already has been a bit of a global economic pullback. unblock Aug 2015 #2