, back to

Political Factoid

Most Republican economists
and politicians believe that
full employment* would lead
to higher wages, labor costs,
and corporate expenses.
Therefore, they actually
favor a certain amount
of unemployment as
leverage to hold down
wages and boost profits.
* where everyone who wants a job has a job.
 
cf. 14687
-30-

Collected by students of  Zo^o University
Last updated * 2016-11-27
Copyright © 2016 Zo^o University
All Rights Reserved