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By that same logic, if government raises the rate, negotiating on your behalf, your labor is worth more.
by Evbn 14y ago
By that same logic, if government raises the rate, negotiating on your behalf, your labor is worth more.
- tsotha 14y agoAs other have noted we'd all be rich if that were true. No, your labor is still only worth what someone else is willing to pay. Your wages may go up temporarily because it takes time for employers to adjust. In the long run if you can't offer your employer more value than what he's paying you simply won't have a job.