Recommended reading: Marc Levinson's "An Extraordinary Time - The End of the Postwar Boom and the Return of the Ordinary Economy" or my title: Why leaders try variations of the same thing and wonder why it fails every time. Link to Barnes and Nobel book store.

Volunteer to protect your future
or
maybe you have a suggestion for making manufacturing better

Plan-SendToFriend8
Volunteer8
ManufacturingSuggestions8
GeneralMessage8

Wage Normaliztion - Three Methods

Transferring from the low paid employee with govenment subsidies to a slightly higher paid low cost worker without govenemnt subsidies constitues a renormalization of the norm.

Economically we have automatic processes such as inflation, additionally we have to examine the three methods of human intervention of the normalization process: government, political influence - whether for the wealthy or unions, and people being unhappy . Normalization changes consumption patterns resulting in a long process

While I will discuss inflation in another article.

 Oh yes, only two outcomes are possible: increasing consumer consumption or the wealthy control everything. 

The forcing of the minimum wage toward $15/hour with cause a renormalization. The problem here is the minimum income for a poor person and how that is regulated in the rnormalization. Things will be made crystal clear shortly.

Methods:

  1. Poor people going to the streets - for instance, the French Revolution
  2. Government planning without the influence of lobbiests
  3. The wealthy and their ability to trickle up wealth as a very natural way

This project is about the renormalization of modern America.

Richard