more money = profits
profits = capital
capital = expansion/growth
expansion / growth = more jobs
more jobs = lower unemployment
lower unemployment = higher wages
That's the way it works in the real world...
More like CEOs and board members paying themselves massive bonuses. People have been pissed off with the way the large companies have been behaving since the recession started. People keep saying that the economy has been rising since the tories took over, and they’re right, but workers haven’t been noticing it, because wages haven’t risen in tandem with the improving economy. The big companies have been behaving appallingly. I’m no socialist, but if companies aren’t willing to act with fairness and give fair compensation for people who work for them, they’re going to turn to the Labour party or increasingly, the Greens, whose economically illiterate policies would be to the detriment of everyone, including the workers, but also the companies themselves.
The other argument is that if people have more money in their pockets instead of just trying to make ends meet, they’ll buy more goods and services, thus generating more wealth internally, and allowing people such as myself to start our own little businesses by saving spare money and investing in our own start ups like I have.