Ridiculous comment. "Living wage." Want 'living wages?' Stop inviting the third world in. Immigration moratorium = wages go up for all
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No, they won't. They'll only go up as far high as the market will bear.
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Wages will increase naturally if you limit the supply of labor
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But consumers won't be able to pay the prices requires to sustain those wages. The re-alignment would not be one to one.
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To think that U.S. must keep wages flat to do well is crazy! If Americans are making more money, they'll buy the products that are of use
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Your points are well made we just see it differently. I could be wrong. But if wages go up, prices go up.
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Last month, wages +2.9%, PCE (prices) +1.4%. Other countries do it. Israel. Japan. Swiss. Goal is increase median income, not corp profits
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Their economies are smaller than ours. And our economy has always been more dynamic and innovative (maybe w/ exception of Israel)
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Who says? It's all subjective.
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Your opinion is that my premise is flawed. But this was a premise believed by Obama & that good chance by Sanders.
End of conversation
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