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If we lower taxes and minimize regulations on employers, the market will settle on a stable clearing price for labor.
by legerdemain 5y ago
If we lower taxes and minimize regulations on employers, the market will settle on a stable clearing price for labor.
- esarbe 5y agoA stable price, yes. Not necessarily a honest one. Otherwise there would never have been a need for food stamps, right? The US has fairly low regulations with regards to employment of workers and also quite low taxes, but struggles with honest worker wages. Germany on the other hand has high worker regulations and not particularly low taxes. Worker payment there is quite honest.