Why does the left have such difficulty with the simplist of simple concepts?: If you want to sell more of something, make it cheaper. Put another way: if you want more people working, make labor cheaper. If you want less people working, make labor more expensive. If you can’t sell your car or house, how many people would respond to that by raising the price? Well...apparenlu Joe Biden would.
On a larger macro-econmic scale, when the economy is good, labor has the advantage and that’s when they are positioned to ask for more money becuase their service is in demand. When the economy is weak, business has the advantage. Today, however; , the economy is weak. This means labor is at a disadvantage and business can be more choosey and pay less.
The government, by raising the minimum wage, is putting labor at even more of a disadvantage. I know this is egg-head stuff, but someone better break out the econ 101 book in the Democratic party because this concept completely escapes them.
Here’s another story. A city owned golf course where I live wasn’t making enough money and was close to going out of business. To try to survive and close the financial short-fall gap, they raised their prices on the customers who were showing up. Of course, the higher prices meant even less play (shock!!!) and they went out of business.
A city with even one brain cell in their collective head They would have lowered prices, got increased play, and stayed in business, but again ....Democrats don’t understand that by lowering prices, they would have had more customers which would mean more money, but also more work....which they didn’t want to do. They did not understand another obvious fact: when the economy is weak you have to work harder for the dollar....not make it harder for the customer to pay you for your product.
I’m certain the minimum wage will be raised. Less people will then be emplyed as a result. The Dems will react by giving more government money away....and the world will keep on turning...until the financial colapse hits...which will be blamed on big business....naturally.
Can we please get a leader in this country who can explain what I just wrote above (and other points) to the dunderheads who make up the voting population!! It’s desperation time and no one knows or even cares because....well.....the government is handling it....even though they aren’t.
Ughhh!!! I’m depresed.
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In sales I have made between $900 and $40,000 a day. On the flip side, I was guaranteed exactly NOTHING if I didn’t make a sale.