Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Ok, if there is no cut in hourly wages, but only the number of hours worked is reduced, there is no deflationary pressure by this.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers
by Martin (weiser.mensch(at)googlemail.com) on Tue Mar 3rd, 2009 at 10:21:07 AM EST
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