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Posts:127
Rank: Moderator
Posted: May 04 2006 at 11:06 PM

Let's examine this one step at a time:

1) An executive builds a factory knowing that it will cause pollution, much in the same way that cows produce methane, and
2) Hires people to work there at ridiculously low wages.
3) The workers work�
4) Become extremely ill and die because they have been
5) Handling very dangerous materials like uranium and the stuff inside Twinkies.
6) Each worker's death has 2 immediate effects:
7) First a job opening is created at the factory which is :
8 ) Filled by someone entering the workforce, thereby
9) Firstly, Lowering the unemployment rate.
10) Secondly, because of supply and demand, as the total number of available workers decreases , workers' salaries rise.

Last edited by Mike on May 04, 2006 a 11:15 PM

Posts:317
Rank: Administrator
Posted: May 04 2006 at 11:13 PM

HAHAHAHAHAHA! I love this. Of course, this is going on the assumption that there's only one employer in the economy, and people have no option to (or are too stupid to) seek work elsewhere. Economics is a bitch to learn, but easy to apply. Makes a lot of sense in real life.

Posts:127
Rank: Moderator
Posted: May 04 2006 at 11:18 PM

sad truth behind economics.. this almost sounds evil

Posts:127
Rank: Moderator
Posted: May 04 2006 at 11:19 PM

this is thread 420....

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