Quote:
Originally Posted by woj
higher minimum wages (and other laws that increase employer's labor costs) are the CAUSE... not the result... if someone brings in $10/hr of value to an employer, and suddenly the employer is forced to pay $11/hr...
that person will become unemployed, cause only an idiot will ever pay $11/hr for a job that is worth $10/hr...
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Quote:
Originally Posted by Barry-xlovecam
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Quote:
Originally Posted by nico-t
that's why....
... which brings in low wage workers which makes this guy happy....
... and this is just collateral damage...
Great success!!! |
Proof of why capitalism, without controls, doesn't work for the majority.
If employers are allowed to set wages, move offshore and have a never ending supply of job applicants. Wages will drop and drop. Until the voters realise voting in a Government that will subsidise them is the only alternative. Whart is inevitable is the old style Republican Party is dying.
Will Trump voters vote for Cruz?