Though I don't have the figures at hand, prices of goods are increasing less rapidly than services, and durable goods less than nondurables. So the "benefits" of lower wage costs are being passed along though an intensification of Baumol's disease. Brand-name sneakers may be exempt from the trend, but what about K-Mart knockoffs? Doug Doug Henwood [[EMAIL PROTECTED]] Left Business Observer 212-874-4020 (voice) 212-874-3137 (fax)
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