The economy is a delicate animal, a balance of competing forces. Every businessman wants his wages costs to be low so that he can make a profit making his stuff, but he wants everyone else's wages to be high, so people have money to buy his stuff. A race to the bottom where wages are cut and cut is in nobodys' interest. But state employees are being paid by the taxpayer who is not as flush with cash as heretofore, so some concessions on perhaps an overly generous contract is fair.
Wednesday, October 20, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment