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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (473030)	5/5/2021 12:22:31 PM
From: Jamie153	1 Recommendation Recommended By Elroy Jetson Read Replies (4) \| Respond to of 541753

The slave labor employers depend on taxpayers to take care of the poor they create. I mean, a CEO for McDs needs 2000 times what he pays his workers because playing golf and three martini lunches are expensive. McDonald's paid its CEO almost 2,000 times as much as the average worker in 2019, with executive compensation topping $18 million businessinsider.com

To: koan who wrote (473030)

5/5/2021 12:33:04 PM

From: Wharf Rat

1 Recommendation

Recommended By
Graystone

Read Replies (2) | Respond to of 541753

"That makes it even more important to raise it to $15 in poor states, as that is the quickest way to raise the poverty level in those states. "

The quickest way to raise the poverty level is to put the employers out of work, cuz then they are also impoverished. The quickest way to decrease the poverty rate, which is what you meant to say, is by doing what we has been doing; handing out money to people (Yangbucks), and tinkering with the tax code. We apparently just cut the childhood poverty rate in half in the covid bill.

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"some businesses will suffer, the one's paying slave wages, but the over all good will greatly outweigh it, e.g. forcing all those corporations who exploit the poor to pay a living wage.

That's what you don't get; most employers aren't "those corporations". There aren't a lot of "those corporations" in small town America. How many do you see in this photo?