It's the old saw about how raising the minimum wage just means companies will hire less people to compensate/won't hire the people who would have worked at the previous minimum wage (supposedly teens working summer jobs or something.) Basically, it's an admission of the suspicion that companies will do whatever they can, even if it means screwing over people, to hang on to every ounce of profit, even if absorbing something as the "cost of doing business" is better, ultimately, for the economy and surrounding communities.
Remember that this logic comes from the same people who think companies don't need to be regulated, because market forces will enforce good behavior on them and they'd never be so senseless as to endanger themselves by going against that.
Remember that this logic comes from the same people who think companies don't need to be regulated, because market forces will enforce good behavior on them and they'd never be so senseless as to endanger themselves by going against that.
I think I got it originally, it just... doesn't really make sense. (at least with what I know about who actually gets paid minimum wage and what just a few dollars more would give them in terms of, well, not working themselves to death.. but sure, let's just think about the poor little huge-companies-who-hire-a-majority-of-minimum-wage-workers and the poor little CEOs-at-the-top-who-rake-in-all-that-profit. poor them!)
also: I think maybe my pre-coffee brain is leaping from one topic to another a bit illogically. I am sure it is incoherent, too many feels about these sorts of issues I guess. I swear though, I am getting so sick of people showing more loyalty to companies and brands and politicians than to people who suffer from their callousness and all under the guise of, 'no (whatever it is that might help the average worker) is a job killer!'
The cartoonist is showing an incredible amount of range in his concepts.
He seems to have left out the Republican standing to the side with a bundle of pilfered ladder rungs labeled 'education', 'opportunity' and 'job training'
It's basic economics. If you pay your employees more, they have more money to spend, thus stimulating the overall economy and your company.
Can you feed your family on your minimum wage?
Totally basic economics. If you have $X available for labor, try not to keep most of that for yourself.
I got whiplash from how different both cartoons were. He's all over the place.
Hell, with they way they're lowballing the expenses, it's more like "two people living together both need to work two jobs each to live."
I really just wanna start punching the wall when I see the sort of rhetoric BDJ is pushing here.
Once the first business began exploiting workers by undercutting their salary, the market changed. To compete with that business, I have to do the same. This is not an example of the market WORKING, this is an example of the market failing.
If I found a business that places the burden of feeding and housing my employees onto outside entities, I have not created a business... I have created an economic liability.
If I found a business that places the burden of feeding and housing my employees onto outside entities, I have not created a business... I have created an economic liability.
Joke's on you, FDR, CEOs make way more than $1,000 a day!
I want to know where you can pay $20/mo for health insurance that doesn't crater your income the moment an actual need for it arises.
Because they are worth it!? right?! RIGHT?!
But the people who run the store that make the money that pays the CEO? FUCKEM.
But the people who run the store that make the money that pays the CEO? FUCKEM.
I'll take 20 bucks a month to tell you that you are covered and then when you ask me to help with something deny you help.
That sounds like a good scam.
That sounds like a good scam.
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