Look fwd to Republicans protesting a president's patriotism demands when Prez Sanders demands biz to do patriotic duty & pay a living wage
But consumers won't be able to pay the prices requires to sustain those wages. The re-alignment would not be one to one.
-
-
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
-
Your points are well made we just see it differently. I could be wrong. But if wages go up, prices go up.
-
Last month, wages +2.9%, PCE (prices) +1.4%. Other countries do it. Israel. Japan. Swiss. Goal is increase median income, not corp profits
-
Their economies are smaller than ours. And our economy has always been more dynamic and innovative (maybe w/ exception of Israel)
-
Japan is a rather large economy. On a GDP per capita basis, its doing just fine. Third world immigration is not source of innovation
-
Japan's economy has been stagnant for years, generally speaking. Not a good comparison.
-
Japan's economy has been stagnant on total GDP basis. Not on GDP per capita basis. This is beside fact that, unlike us, Japan still country
End of conversation
New conversation -
-
-
1) It will hit margins 2) Domestic manufacturing will recover, lowering prices there (think milk, eggs, domestic production)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.