Morning Wire
Trump vs. Inflation: Can He Fix the US Economy? | 12.14.24
E.J. Antoni
Now, you throw on a benefits package, let's say, of another $40,000 or $50,000 for that worker, and all of a sudden, what looks like a $50,000 worker is to the rest of the world is actually about $150,000 in terms of total compensation costs for that factory owner. Conversely, you can send that job overseas and avoid most of that regulatory burden, avoid a lot of that benefits package, let's say.
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