thereisnospoon
Gold Member
.And the death knell of Walmart began in 1997 with the advent of Amazon.com
Buggy whip makers pass away. Brick and mortar is living on borrowed time - even Walmart.
We could give in to the liberals and just pass a law that all retail and all business should feature very high wages and very high prices. IT would make them so happy.
In the end a liberal simply lacks the IQ to understand capitalism.
Or we could mandate a decent minimum wage and the drooling idiot trailer trash Righties could still shop there affordability since higher wage minimums do not track to higher inflation, which all who have IQs north of a potato should know.
HUH? Higher wages( i.e. more money in the supply) is not inflationary?
Facepalm.
Look, labor is the highest percentage of the cost of doing business. Therefore higher abor costs either eat into the bottom line or prices are increased by the seller.
At the end of the day, if you libs want to live by 'the rising tide" axiom, you must live by it 100%
In other words, a sudden increase in wages mandated by the government may be a temporary fix, but would more likely resemble a fiscal sugar rush. Eventually, prices would increase to make up for the higher labor costs.
Then we'd have to endure the cries of "NO FAIR" from you fiscal geniuses on the political left