Comment 123145

By ASmith (registered) | Posted June 27, 2018 at 12:09:27 in reply to Comment 123124

It depends upon the goals that the government is trying to achieve.

Unless one of the goals is to increase productivity growth, the other goals don't matter. When you run our of money, because you have invested in a way that does not promote GDP growth, what then?

If a business boosts salaries for it's employees, but the result is costs go up more than revenues, that business has just increased the chance it will go bankrupt. When that happens, there will be no salaries, low or high. Good intentions don't pay the bills.

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