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High purchasing power lasts started consumption. Conversely, a reduced purchasing power, lower wages, leads to the wheels turning more slowly. Despite this, several right-wing debaters, including Joakim Ruist, an increased spread of wages.
LO's chief economist writes in Göteborgs-Posten:
"Lower wages therefore lead to lower demand for goods and services. Lower wage increases also lead to lower inflation and thus to higher real interest rates, which inhibits investment.
It is therefore not obvious that lower wages actually create more jobs.
What is clear, however, is that a slower rate of wage growth results in lower inflation. This allows the Riksbank to lower the interest rate, which in turn stimulates demand. Which effects wage restraint has on employment thus depends to a large extent on how monetary policy responds."
The LO economists continue to write:
"In the type of macro models used by central banks around the world, wage moderation generally has no positive effects on employment."
Lower wages lead to a debt economy. In order to solve their everyday life and make sure they can afford the necessary expenses, low-income people are forced to take everything from SMS loans to other high-interest loans. The right has always tried to create a more unjust society. Nowadays it is often said that Sweden has a much too compressed salary structure. But those are just new words for the same old class politics. The right wants to increase the differences in society, believe nothing else.