Comments by "whyamimrpink78" (@whyamimrpink78) on "Trump Flips On 'Lower Wages' After Bernie Sanders Calls Him Out" video.

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  11. +Specopcleric While it is true that every business tries to minimize cost, due to competition they simply can't. If a business is not willing to spend on their company to improve, and that means pay their employees or hire more, then a rival company will swoop in and pay more. That attracts more employees that are better which means that company sees success. This is why less than 5% of workers earn at or below the min. wage, businesses already pay more. But there comes a point where they simply can't afford more. Compare it to this. You and me and other people would like to live in a better place, such as a better apartment. I pay $560/month in rent. I have a one bedroom with no washer and dryer in an OK neighborhood with limited crime. I can go cheaper and live in a studio or live in a neighborhood with higher crime and pay say $400/month. I can get a roommate in such a place and pay half that amount. But that means I am paying less for lower quality. I live where I live because I can afford it. I would love to have a larger place, such as a 2 bedroom to use one room to store some of my belongings and have more space, and have my own washer and dryer, but I simply can't afford it. The same is with wages and employees. A business is willing to pay more to get better workers but can only afford so much. Now even if I can afford it I will not be willing to live in a 5 bedroom mansion as a single guy because the upkeep of it would be rather hard and a living quarters of such size would be unnecessary. This is similar to why businesses sometimes won't hire someone with a PhD even though they are considered highly skilled and knowledgeable. Doing so will actually cause more problems even if the business can afford it. So this thought process that businesses will pay little and hire little is simply not so.
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