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Originally Posted by Paul Markham
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Nitesh Patel, an economist at Lloyds TSB Private Banking, said: "Someone today would need nearly £300 to have the same spending power of £100 in 1982, meaning someone breaking the million pound mark 30 years ago would have the equivalent of £3m today.
and I do not pay girls paul...they make me money...it is different...I am a pimp...the real question is "how much do girls pay me for 20-30min of THEIR work" and the answer is not enough
Quote:
Originally Posted by Paul Markham
Yes bringing jobs back will mean a price increase to give fellow countrymen jobs, a purpose in life and take them off relying on other for money. It will also reduce debt by reducing government spending.
The number of sales will drop, the overall money spent will rise. Because more people will have wages.
At the moment the slow decay of decent paying jobs in the West is destroying it for most people. Look at the growing number on welfare to see how Globalisation is ruining lives. Maybe you earn enough to be one who isn't affected yet by Globalisation. But think long term as your customers lose their jobs and can no longer afford to buy your products. Unless you produce a product only the top 5% can afford.
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you are cherry picking consequences again...sales dropping is never good...it leads to more loss of jobs...always...
western people are greedy...you cut off their cheap labor supply and they will move country or robot up...my thread about american airlines being punished by wallstreet for raising wages says it all...
the days of high paid western jobs are coming to an end...and nobody but western people are to blame...