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Author: Rightime Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1972111  
Subject: Re: A Living Wage Date: 2/13/2013 1:09 PM
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But forcing wage payment by increasing minimum wage does not take into account

Businesses that are not making a substantial profit
Those who chose to hold wages and expand with the difference
Those that cant afford to have $10.50 hr labor
Jobs like agriculture that cannot operate in that wage range



You might have a point if you could show that wage disparity between the top 21% and the rest of society have remained unchanged, or that corporations are not making the same profits today as they did twenty years ago.

That's not the case, in fact, some corporations are holding so much cash that shareholders are suing to have dividends increased.

Jobs like agriculture that cannot operate in that wage range

They do in Washington State.


This is the same ole tired argument, that if more money is earned by those at the bottom, business in the US will fail. It's just a mantra, nothing more.
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