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To: Olog-hai

Government interference is allowing an oversupply of cheap labor from invaders, legal and illegal and outsourcing which increases corporate profits and exec paychecks. Only problem with all of that is it destroys the supply and demand curve for labor. The result is wages that don’t provide a living wage. And when that happens, the rich get richer and the poor get government subsidies. A global “race to the bottom” seeking cheap wages is not sustainable.


40 posted on 12/31/2018 8:01:09 AM PST by grania ("We're all just pawns in their game")
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To: grania

The minimum wage movement is part of that race to the bottom, not a bulwark against it. Don’t forget the real worth of the currency (controlled by the government since 1913) versus all these calls for more government “help”.


41 posted on 12/31/2018 8:23:20 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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