https://saddle.theory.org/2004/01/02/down-not-up/ A Student's Journal of Economics - and Related Ideas Wed, 23 Jun 2004 16:34:08 +0000 hourly 1 http://wordpress.org/?v=3.3 https://saddle.theory.org/2004/01/02/down-not-up/#comment-3 StillDocked Sat, 03 Jan 2004 04:42:12 +0000 https://saddle.theory.org/?p=8#comment-3 Does that surprise you? Wages are generally secondary. Real wages should rise once capital spending returns to it's pre-bubble level. Does that surprise you? Wages are generally secondary. Real wages should rise once capital spending returns to it’s pre-bubble level.

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