Proof that Paul Krugman has never run a business.

In this editorial, sildenafil capsule Paul Krugman argues that cutting wages won’t make a company more competitive. (Because everyone else is cutting salaries as well.)

But outside the auto industry cutting wages is rarely about competitiveness.

Cutting prices is about competitiveness.

Cutting wages is about survival.

2 comments May 4th, 2009


Being in a wheelchair gives you a unique perspective on the world. This blog features many of my views on politics, art, science, and entertainment. My name is Elliot Stearns. More...

The Abortionist

Recent Comments