Dubya
Senior Member
- Dec 29, 2012
- 3,056
- 59
- 48
People like Redfish don't have a mind. They believe that business does better as the purchasing power of the workers gets smaller, because the business can pay less for labor. They don't have the sense to see that the opposite is true and businesses will do better as workers get more purchasing power, because the customers to that business are the workers from some other business.
Yes, getting more money into the hands of the people who spend every $$ they make would seem to be a no brainer. Talk about an economic stimulous. They're not going to sit on this money until a good investment opportunity comes along, and even if they blow it on pizza and beer, the pizza maker gets paid, and so does the beer store operator, plus they earned it.
Conservatives want people to take responsibility for themselves, and they don't want these same people spending "their tax dollars" on junk food and lotteries, but they don't want to pay a few pennies more for their hamburgers and french fries to see people off the public teat. It makes no sense.
I want corporations to take responsibility for their workers. If you can't pay your employees enough money to keep them off government assistance, you don't deserve to be in business. You certainly don't deserve on ongoing government wage subsidy to continue to allow you to be in business.
If Walmart cant pay it's employees a living wage, it should be allowed to fail. If that happens, thousands of stores will spring up to replace it, and they will not be dependent on government handouts to pay their corporate dividends.
You're not really what we call "economically literate" are you?
You fools don't know anything about economics. Just a simple litmus test on wages will prove the point. If wages keep getting lower in purchasing power, then at some point a business will lose enough business to go out of business. Even with it's labor cost saving it money, the other cost of doing business aren't going to decline like that and the sales to customers have to decline, as their purchasing power declines. If the consumers get more purchasing power, the businesses will profit from that.
It amazes me how stupid you right-wingers can be.