[Lazamataz]

Pay them $35,000 a year

Only if you reduce the costs of living in America concordantly.

Of course, this is called 'deflation' and is very destructive.

[BMiles2112]

Only if you reduce the costs of living in America concordantly. Of course, this is called 'deflation' and is very destructive.
I have two problems with that:
First, if the corporations pay out $20,000 less annually, on average, to each employee, that would have two effects. It would increase the profits of the company, which would be used for some other purpose. The money doesn't disapper from the economy. Also, the price of the product would likely go down, offsetting the deflationary effect of lower wages earned by its employees.
Second, given the option of working for less or not working at all, which would you choose?