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In reply to the discussion: Explain This To Me Like I'm A Complete Idiot, Part 15: No Millennial Left Behind? [View all]Taitertots
(7,745 posts)35. Keynesian macroeconomics - wages will follow the money
Middle class spending raises middle class wages.
When the economy is at "full employment", employers (not workers) compete for jobs. Wages will increase when employers are forced (by economics realities) to raise wages
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Explain This To Me Like I'm A Complete Idiot, Part 15: No Millennial Left Behind? [View all]
HughBeaumont
Apr 2015
OP
That's not just generation X, that's the late end baby boomers too.
Dont call me Shirley
Apr 2015
#4
Is the mulitplier for infrastructure/jobs spending larger than the impact of a tax rate charge?
Taitertots
Apr 2015
#39
+10 And they have mucho force to deter any personal or property damage. If that fails,
appalachiablue
Apr 2015
#25
It looks that way unfortunately, short of some real movement in a better direction.
appalachiablue
Apr 2015
#26
I went to the University of Iowa campas about that time to visit a friend. Many of the married
jwirr
Apr 2015
#15
Like the college caf you describe it's been a 30 year reckless drive to excess & consumerism to
appalachiablue
Apr 2015
#29
IMO It accelerated when the media began glorifying conspicuous greed and consumption in the 1980s.
GoneFishin
Apr 2015
#16
"Now you're not naive enough to think we're living in a DEMOCRACY are you Buddy?
appalachiablue
Apr 2015
#31