Raise your prices. Raise your wages.
This is how you redistribute wealth properly - through the free market.
If everyone has to pay more for labor then no particular business is at a disadvantage.
This has been stifled for 40 years now through the importation of cheap labor (illegal, H1-B) and bad trade agreements.
We now need 20 years of correction.
This is winning. Go President Trump.
My wife talked to a neighbor lady with a 12 year old son who mows their own lawn and volia! Problem solved. Back when us boomers were pups and jobs were scare, we all had to be a little creative.
It is called hiring people who don't necessarily want full time work and/or are willing to trade lower pay/higher pay for more/less flexibility.
I agree with that to a point, but small businesses sometimes run on very thin margins. Salaries that are a bit less than optimal are better than no salary at all.
I agree. I’d wager that (in these parts), $12-$15/hr for trained, qualified workers with decent hours would keep a lot of average HS graduates from choosing the massive debt of college instead of a job.
Exactly, the labor costs have been be artificially depressed for over a generation.. nearly 2...
GDP per capita under Reagan 4%, under Clinton 3%, under Bush 2% and under Obama 1%... The Globalists have been destroying our Nation from within for nearly 40 years.... Trump’s policies of putting NATION first, are working... and the market has to adjust to the new reality.
“Under Trump, I would expect a protracted recession to begin within 18 months. The damage would be felt far beyond the United States.” Former Clinton and Obama chief economist Larry Summers, June 2016.
“Trump would likely cause the stock market to crash and plunge the world into recession.” Simon Johnson, MIT economics professor, in The New York Times, November 2016.
“If Trump wins we should expect a big markdown in expected future earnings for a wide range of stocks — and a likely crash in the broader market (if Trump becomes president).” Eric Zitzewitz, former chief economist at the IMF, November 2016.
And now you know why the economy was SHIT under Obama, and not all that much better under Bush before him... these were the types of idiots they were taking advice from.
Oh, and if you want to know why Obama got another 4 years to continue wrecking the economy as a second term, in spite of having the WORST economic record in the post war era (with a GDP per capita of 1%), well look no further than the moron the GOPe put up in 2012.
“Trump’s domestic policies would lead to recession.” Former GOP presidential candidate Mitt Romney, March 2016.
The GDP per capita went from 4% under Reagan, to 3% under Clinton, to 2% under Bush, to 1% under Obama.... Largely because globalist morons and their policies were given credence and followed, rather than a strong national first approach that Trump has promised and engaged in.
I agree in principle. However as a solo physician most of my prices are set by Medicare, Medicaid and government empowered insurance cartels Raising prices requires a free market and in many corners of the economy Trump has plenty more work to do to restore it.