[quote=patientrenter][quote=SK in CV]…..If the cost of employer paid unemployment insurance went away, you would not get a raise.[/quote]
SK, you understand basic economics, right? Imagine that supply and demand chart that you were shown on the first day you were introduced to economics. Now imagine that the ‘good’ is labor, and that the demand for labor is shifted up, because the total cost of labor has been reduced. Will pay (the price of labor) go up or down?
In competitive markets, this is what happens. Although we have notable examples of con-competitive markets (bankers and CEOs), most markets in the US are reasonably competitive.
Don’t try to make ideology out of everything. Sometimes the facts are just the facts.[/quote]
LOL! Do you even know what the word ideology means?
I work in the real world. I can’t afford ideologies.
If the cost of an employer’s payroll burden goes down, it does nothing to demand. It does nothing to supply. It doesn’t mean you will demand more or work for less. And in this case, we’re talking about pennies. Employees aren’t getting those pennies.
