danielpalos
Diamond Member
- Banned
- #681
Yes, it does.unemployment compensation for simply being unemployed solves simple poverty and automatically stabilizes our economy.it would be a higher tax bracket and generating more tax revenue per person....and raise enough tax revenue to even pay for AOC's green initiatives.
Do you seriously think a $100/hr MW would solve poverty? If so, you're thinking even less than I thought.
And very few people would have those jobs. Most would be out of work and unable to afford the basics of life. What do you think you'd pay for a burger when the guy that feeds the cow gets $100/hr? And the guy that takes your money? And the guy that empties the trash cans?
I use that as an absurd example to force MW increase advocates to acknowledge that increasing labor costs increase prices and/or kills jobs, it's just a matter of degree. If anyone seriously thought jacking it that high would solve poverty, it would have been done long ago. It wouldn't.
No.