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whyamimrpink78
Senator Bernie Sanders
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Comments by "whyamimrpink78" (@whyamimrpink78) on "Who Hires Low-Wage Workers?" video.
Define a living wage.
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If you establish a "living wage" (which doesn't exist) and a maximum wage then the economy will fall apart. There is no incentive to work and produce so we will create no capital and crap products. Our standard of living will be terrible.
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So what is your solution? Give them money for producing nothing? That is the problem right now. You have a group of people who are lazy and they ask the government for help and it "helped." Just giving money away lowers the value of the dollar and hurts the economy. You have to create competition so people can move up and sell their skills and if they don't then they will simply get what they deserve. It isn't simple mind. If anything is simple minded it is democrats who think handouts help.
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In terms of productivity employees are actually getting paid more. Unit labor cost is rising which is the hourly compensation over productivity has been going up through the years.
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