The Economist uses a somewhat whimsical Big Mac Index to demonstrate differences in currencies around the world. However, when I look at the index I see a chart of (relatively) expensive and cheap labor as well.


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Read this.

It will come in very hand when the Democrats try to debate wages and earnings.

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That's about how many more people indicated they were employed last month than the previous month according to the household survey from the Bureau of Labor Statistics in data released today.  Total unemployment remained at a low 4.7%.  Average hourly earnings increased by 8 cents an hour, the third straight month of increases.

Gosh, that's quite a ( Read more... )

Immigration is good. Illegal immigration is bad.

Any questions?

Now, for those weeping about people who are here because they broke the law, consider this: they have been artificially depressing wages for years. What happens when you get rid of them? Companies offer higher wages:
The poultry plant has limped along with half its normal ( Read more... )