Quote:
Originally Posted by Tom_PM
History has proven over and over again that increased spending power in the hands of the majority means increased economic growth in all segments of society, hasn't it?
A miserly bah humbug is usually the answer.
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Yes...when the majority of the population is SKILLED. You don't just hand people money for nothing. And paying a grunt at McDonalds $20 will not help the economy in any way. The exact opposite will occur.
If it's such a great idea and everybody would make more and the world would be full of rainbows and unicorns...then don't you think that guys who are a lot smarter than you would have already done that?
According to that philosophy their businesses would just be booming!
But strangely enough...none of them believe that. Only people who don't own their own businesses think it's a great idea to pay unskilled labor big salaries that they don't deserve.
Wonder why that is?