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Higher Wages Will End Recession

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Brian Lynch
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German economist confirms that higher wages would end the current recession. Dr. Heiner Flassbeck believes targeting low inflation will deepen the crisis. Governments must pass laws and intervene to facilitate a general rise in wages. Wage increases should coincide with rising productivity and not merely adjusted for inflation. His suggestion is for governments to encourage and facilitate labor unions.
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Brian Lynch is a retired social worker who worked in the areas of adult mental health and child protection for many years. His work brought him into direct contact with all the major social issues of the day and many of our basic social (more...)
 

Related Topic(s): Inflation; Recession; Wage Labor, Add Tags

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