Simple labor economics might seem to predict that a wage floor would necessarily lead to a labor surplus.

FORBES: What We Need Is A Randomized Minimum Wage

This concept of businesses getting free labor is not a simple tale of exploitation made easier through technology.

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For Labor, the solution is relatively simple: spend more.

ECONOMIST: The limits to growth

Rick Santorum took his nostalgia for manufacturing to 2nd place in the recent GOP presidential primary, but lost on his partisans is the simple and happy truth that manufacturing of the labor intensive variety, no matter the tax subsidies, will never return to the United States.

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Economists will confirm that not only the return differentials within capital itself (bonds versus stocks to keep it simple) but the division of GDP between capital, labor and government can significantly advantage one sector versus the other.

FORBES: If Even Bill Gross Of Pimco Gets This Wrong What Hope For The Rest Of Us?