> Given that EU wages have increased much more than US wages we can conclude that unemployment has very little to do with wage increases. And since empirical ev

> Given that EU wages have increased much more than US wages we can conclude that unemployment has very little to do with wage increases. And since empirical evidence trumps conjectures, we throw the so called "law" of supply and demand into the garbage bin. One could argue that the reason wages increased in the EU is because it restricts the supply of workers. For example, strong unions could explain that. Its like you are saying a helium balloon float and conclude gravity has been disproven.