Could You Pass Econ 101?
Here's the hypothetical:
You're an employer. The government forces you to give your employees a 41% raise.
Do you:
a) Cut staff to compensate
b) Put off those expansion plans---again
c) Outsource to China
d) Do nothing---it's no problem
If you answered d), you are clearly a trust fund Democrat---get yourself to summer school.
You're an employer. The government forces you to give your employees a 41% raise.
Do you:
a) Cut staff to compensate
b) Put off those expansion plans---again
c) Outsource to China
d) Do nothing---it's no problem
If you answered d), you are clearly a trust fund Democrat---get yourself to summer school.
Labels: Economics
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