You are looking at the micro economic level and I am talking macro economics. I don't care about company A or company B, I am looking at small business as a whole and corporate America as a whole. $13 trillion in added wealth over the last eight years.
Any claims of poverty in corporate America or small business is unsupported by the numbers. They don't pay higher wages because they don't want to pay higher wages and our government will do nothing about it. They have the workers where they want them and there is nobody to stand up for them
Why do they need anybody to stand up for them? Nobody stood up for me and millions like me. I just went out and got better jobs as my life went on. Making lower wages made me try harder. Making lower wages made me realize I wanted something more out of life.
Correct. Businesses and corporations are not poor. Nobody said they were so I don't know where you get that from. Poor businesses and corporations close down or go into bankruptcy which is what happens in most cases of new small business which you on the left wish to expand. Forced higher wages could be the tipping point of whether somebody can open up a new business or not. Even the founder of Subway Sandwiches said he could not his up his business in this climate today.
How much money a business has is meaningless when it comes to pay rate. Growth is what they all strive for. Higher costs (such as labor) means lower growth. Lower growth means less interested investors. Less investors means less access to capital for maintaining or expanding a business.