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Post a Comment On: Steve Sailer: iSteve

"Cheap labor is expensive for America in the long run"

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4/27/07, 10:58 AM

Blogger L D Garland said...

The greedy capitalist employers know when it's best to replace workers with machines.

The long-run benefit is achieved by taking advantage of whatever is cheapest and still does the job, keeping down the cost, letting competition determine when it's time to replace those workers with machines.

No need to artificially drive up wages = higher cost of production = higher prices. Lower prices are best for consumers, especially the poor, not artificially-high labor cost.

8/8/16, 1:26 AM

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