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Kombucha 04/09/18 3:49:59 PM #1: |
i hear this a lot and it's like the system is set up to punish investors if wages rise. seems like interest rate hikes accompany every organic wage increase made in the market. i'm not even talking about actual laws mandating wage raises.
i'm not exactly savvy on this so hence the question... can anyone explain why the system is set up to basically discourage wage growth? why is it always a bad thing for investors? --- ... Copied to Clipboard!
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YukihoHagiwara 04/09/18 3:50:40 PM #2: |
mo' money mo' problems
--- 7Dd_jr_dF0Y ... Copied to Clipboard!
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Paper_Okami 04/09/18 3:54:40 PM #4: |
Because then they can't afford a second yacht while their employees can now feed their family. Not fair at all.
--- "Conceit, arrogance and egotism are the essentials of patriotism"- Emma Goldman "Wimmy Wham Wham Wozzle!" -Slurms MacKenzie ... Copied to Clipboard!
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Dustin1280 04/09/18 3:58:55 PM #5: |
Profit margin...
If you raise minimum wage of everyone to say $16.00/hour It cuts into the profit margin of various companies. Companies don't like a shrinking profit margin so they find other means to regain said profit margin (usually using inflation of prices to do so) --- RIP: Canuklehead, Karma: 1369 // RIP: Gen_Lee_Enfield, Karma: 1731 // RIP: Orlando of the Axe, Karma: 1642 // RIP nayr626 Karma: 4395 --They delivered! ... Copied to Clipboard!
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Unsugarized_Foo 04/09/18 4:00:32 PM #6: |
It can also cause some businesses to never start, expand, or just close up
--- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana ... Copied to Clipboard!
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Dustin1280 04/09/18 4:01:37 PM #7: |
Unsugarized_Foo posted...
It can also cause some businesses to never start, expand, or just close up Due to profit margin going into the negatives. It all comes down to profit margin --- RIP: Canuklehead, Karma: 1369 // RIP: Gen_Lee_Enfield, Karma: 1731 // RIP: Orlando of the Axe, Karma: 1642 // RIP nayr626 Karma: 4395 --They delivered! ... Copied to Clipboard!
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Anteaterking 04/09/18 4:01:52 PM #8: |
The idea (which I disagree with) is that raising workers' salaries is a waste of surplus, since increasing an existing worker's salary by $1/hr doesn't generate $1/hr more for your company.
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