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Why? It's bad business to pay employees more than their labor is worth. That's what causes businesses to close: Mismanagement.
Tell that to businesses like Costco, In and Out Burger and Ikea that raising wages is bad business. So you think paying employees $1 hour so they have little to no money to spend at businesses is a good for businesses?
Eliminate welfare. People should live within their means. There are no excuses to do otherwise except for those who are truly incapacitated.
You can be frugal and live within your means but still end up on welfare because of things like expensive housing, low wage jobs, car breaking down. Saying their is no excuse just shows you have no idea how the real world works but I am sure you will respond with some Right Wing talking point as usual.
And the only factor that matters when judging what their labor is worth is what kind of profit they generate. If a burger flipper generates $X/profit of an hour, it doesn't matter how lowly you think of that person, skillset, or position. They have a right to argue that their wages should correlate to the money they add to the bottom line.
Restaurants, generally, aren't all that profitable. Hence, the low wages.
It's not deflection. American workers/retirees have $27 trillion worth of investments in their pensions/retirement accounts. They're shareholders. That's where a significant amount of corporate profits/share price gains go.
"At the end of 2014, U.S. household retirement assets totaled a whopping $27 trillion (according to the latest edition of the Federal Sererve's Flow of Funds Report.) Those assets, the great majority of which enjoy some degree of tax advantage, are spread across various sectors of the system: IRAs, pension plans, 401(k) plans and so on."
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the point is that Walmart specifically benefits for tax payer funded assistance labor and that contributes to their bottom line.
Not true at all. All that public assistance does is allow some to live beyond their means when they shouldn't be able to do so. Eliminate public assistance for all but the truly incapacitated. Want a higher standard of living? Get a 2nd job and/or improve one's marketable skills to make one's labor more valuable to employers.
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The issue isn't illegal immigration
It most certainly is about illegal immigration. The glut of low-skill labor keeps low-skill wages artificially depressed.
You can be frugal and live within your means but still end up on welfare because of things like expensive housing, low wage jobs, car breaking down. Saying their is no excuse just shows you have no idea how the real world works but I am sure you will respond with some Right Wing talking point as usual.
Get roommates. Those earning low wages shouldn't even have a car. Maintenance/insurance/etc. is an expense they cannot afford. Use an alternate means of transportation. The only one making excuses is you and your ilk.
1: The minimum wage is monopolistic price fixing. It is immoral. It is hateful. It is disgusting. The state has no business telling anyone what to pay as wages.
2: There is no such thing as a living wage. There is no right to demand any wage. There is no right to a job. All of this should be based on free market principles, which means the principle of trade.
3: The minimum wage is socialistic tyranny and fascistic coercion. It is also theft. It is also a violation of common sense.
The solution?
Adoption of free market principles. The minimum wage should be revoked. It is preposterous and evil that people who do low level tasks should demand unreasonable pay and use the police power of the state to take what they cannot earn. To steal what they cannot trade for.
To bad, the govt is like a giant union. Pay or go to another country.
You making baseless moral arguments is not going to get smart people to either sign the indentured servitude contract or starve. They will compel the ownership class to pay or else loose the right to operate.
Its that simple. Dont like the law of the land dont start a buisenss or do a sole proprietorship.
People are fed up with "the free market". It is resulting in rampant poverty. If your circuitous argument leads to mass poverty then its wrong, it does not matter how nice it sounds.
I personally just think we should go back to the 90% tax rates over about 3 million annual if you dont meet certian hiring and wage criteria and buisenss reinvestment.
Get roommates. Those earning low wages shouldn't even have a car. Maintenance/insurance/etc. is an expense they cannot afford. Use an alternate means of transportation. The only one making excuses is you and your ilk.
Walking everywhere in inclimant weather sucks, living with roomates sucks. Thats why.
To bad, the govt is like a giant union. Pay or go to another country.
You making baseless moral arguments is not going to get smart people to either sign the indentured servitude contract or starve. They will compel the ownership class to pay or else loose the right to operate.
Compelled slavery? Wasn't that abolished in the US in the 19th century? Furthermore, involuntary servitude is also prohibited by the 13th Amendment.
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People are fed up with "the free market". It is resulting in rampant poverty.
That's not the fault of the free market. The glut of low-skill labor is what causes rampant poverty. Too much supply for too little demand.
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