So to the naysayers, have you been complaining about the folks on food stamps who are making low wages?
You can't have it both ways, ya know!
How does that differ than those who want to increase biz labor costs (by gov't fiat) while raising corporate taxes?
You can't have it both ways, ya know!
It is easy to convince the uneducated that biz is the enemy but most of us depend on biz to provide us with jobs.
Something about biting the very hand that feeds us.
And the hand that feeds us has been feeding us crumbs. There isn't an economists worth his salt that will deny that wages have been flat for over three decades.
Why is it that the U.S. used to have the most viable and wealthiest middle class in the world and now we don't. Why is it that other industrial nation's middle class have seen stronger income and wealth growth than the U.S. middle class? Why do companies in other industrial countries invest in their employees and in the U.S. they don't.
Last year I met a investor from Germany looking into invest in American companies, he told me that American technology and worker skills were about 10 years behind their Eoropean counterparts. In Europe they invest their profits back into the company which makes a solid long-term investment, in the US they funnel profits to the stockholder which doesn't solidify anything in regards to the long-term for the company.