News for hackers. Stuff that matters.

A comment on The Growing Underclass: Jobs Gone Forever. Parent comment

Re:The Growing Underclass: Jobs Gone Forever by jswinghammer on Friday January 29, 2010 @11:31AM (#1086800)
Unions like minimum wage too much for that to happen. They've historically used minimum wages to try to drive up wage rates for their members.
[ Parent | on HN ]
Re:The Growing Underclass: Jobs Gone Forever by daniel-cussen on Friday January 29, 2010 @11:52AM (#1086853)
This is sad and true. The only way out for governments historically has been to inflate the currency to cut labor costs. It's like people need a government for them to have someone to lie to them.
[ Parent | on HN ]