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Old 03-20-2015, 01:23 AM   #107
mostpost
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Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,109
Quote:
Originally Posted by Clocker
It's settled science. If wages go up this year, and employment is higher next year, then obviously the increase in wages caused the increase in employment.

And if car prices go up this year, and car sales go up next year, obviously the price increase caused the sales increase. Wait until Toyota figures this one out.
False equivalency. Wages are money coming in. Your problem is you think of every thing from viewpoint of the business owner. Car prices are money going out.

If wages go up, it means the consumer has more money to purchase a car. If car prices go up it means the consumer will need more money to purchase a car. Wages go up, car sales go up. Car prices go up, car sales go down.
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