Just thinking: If jobs paid better so that fewer people needed to work more than one job... [View all]
Wouldn't that mean that there would be more job openings available and unemployment would drop? Plus if you have more people out there with more disposable income, wouldn't that mean that the economy would pick up all the way around?
And isn't giving fewer and fewer people way more money than they could ever spend, in the name of helping the economy, ultimately a self-defeating exercise... Simply because there's no way that they could spend on goods and services at the same level as everyone else?
Isn't it that plainly obvious what needs to be done?
Hey, I'm no economist, but I'm wondering why I haven't yet heard it framed in that way. Who knows? Maybe I'm thinking about this all wrong. But, is the danger of run away inflation that real a deal to prevent paying working people better wages and benefits, or is it something else that's the problem?
Am I wrong?
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