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by ancap
3029 days ago
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That's just wrong and demonstrates a fundamental lack of understanding of basic economics. If labor were much cheaper, I personally might be willing to hire a maid, a gardener, a masseuse, a cook, etc. Similarly a retail business might hire more cashiers, or have more staff on the floor to answer customers questions and help them find things. A gas station might provide a full service experience for their customers. You could do this analysis for virtually any type of business and given cheaper labor they would hire more people. Why is this so? Because the demand for labor, like goods, is infinite. |
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