Quote:
Originally Posted by Schnauzer
And i bet your argument has been made before as well
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Except there is evidence for his argument.
Prices rise whether wages do or not. When prices increase and wages are static, the overall standard of living goes down (assuming both measures are taken per-capita, and not as a national sum).
Unemployment is dependent on so many factors other than wages that wages do not influence unemployment as directly as you suggest. The largest determinant of unemployment is merely supply and demand. As living standards decrease, demand decreases or slows across the board for every single consumer good.