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Politics : Formerly About Advanced Micro Devices
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bentway
To: i-node who wrote (739563)9/15/2013 3:03:34 PM
From: Road Walker1 Recommendation  Read Replies (2) of 1577172
 
I see Ted already pointed out the Costco/SAMs analogy. But it's still not the point. The point is you and I are subsidizing Walmarts and SAMs low wages. And the bigger point is that the country would be better off, all of us, if everyone that worked full time made a very good living wage.

Yes the corps would lose some profits, the small portion that go to their lowest wage employees. Yes their top execs, that are paid like rock stars, might make a little less. But overall, the increased demand for all products and services would increase. And, not to be discounted, we would have a huge increase in family formation and stability, which would make for a higher values society. We would have much less dependence on government, which you should like.
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