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**JulieSmithXIV** · 03-12-2006, 03:49 AM

Real wages have shown impressive growth in the last few months. This is not new. Wages never start to go up until the third year of a boom, because that's how long it takes for a labor crunch to begin as employers, confident in the boom, start adding more and more workers.

Don't do anything stupid to kill growth just as workers are finally starting to benefit from it.

03-12-2006, 03:49 AM	#5
JulieSmithXIV Join Date Oct 2005 Posts 529 Senior Member	Real wages have shown impressive growth in the last few months. This is not new. Wages never start to go up until the third year of a boom, because that's how long it takes for a labor crunch to begin as employers, confident in the boom, start adding more and more workers. Don't do anything stupid to kill growth just as workers are finally starting to benefit from it.
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