Actually wages even then were sticky Jackson, because of the increasing strength of unions and collecitve bargaining even before the Depression.
Yes wages and productivity were gapped, but again, employers don't want to risk inflaming worker discontent, especially not in that period, they would have shed jobs before wages anyways, even Bernanke in 1986 noted that during the Depression employers were unwilling to cut wages, instead opting to lower hours and shed workers, therefore the argument that things would have been better without wage controls is flimsy, since declines in wages would have been met with worker opposition
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)
