My point, while you could argue is defeatist, is realistic. You’ve clearly seen too many movies and TV shows where the little guy takes down the big, bad, evil corporation. There’s too much money involved and too many politicians with their hands out.
To your first “point”, any increase in the minimum wage will most definitely increase the amount it’s earners pay, as it’s a percentage, not a static amount, I assume you know how that works. As prices inevitably increase due to more cash chasing the same goods, the earning power of the wage increase actually decreases. This is known as “inflation”. But I’m going to go ahead an d guess you know that too, but are either purposefully being disingenuous or truly have a pollyannish utopian view of how a Keynesian economy would actually work. While I realize I’m taking a bit of a leap, the way you’re arguing that an across the board increase for entry level jobs while also placing crippling taxes on those who employ them would actually work, I think it’s a pretty safe bet.
The cold, hard fact that we need to come to terms with is the United Sraes economic system is based on capitalism. The money involved is incomprehensible and the power it affords those who have it is even more so. So feel free, fight your fight, I wish you luck. I’ll do my best to enjoy what happiness I’m able to find in the real world.
My point, while you could argue is defeatist, is realistic. You’ve clearly seen too many movies and TV shows where the little guy takes down the big, bad, evil corporation. There’s too much money involved and too many politicians with their hands out.
To your first “point”, any increase in the minimum wage will most definitely increase the amount it’s earners pay, as it’s a percentage, not a static amount, I assume you know how that works. As prices inevitably increase due to more cash chasing the same goods, the earning power of the wage increase actually decreases. This is known as “inflation”. But I’m going to go ahead an d guess you know that too, but are either purposefully being disingenuous or truly have a pollyannish utopian view of how a Keynesian economy would actually work. While I realize I’m taking a bit of a leap, the way you’re arguing that an across the board increase for entry level jobs while also placing crippling taxes on those who employ them would actually work, I think it’s a pretty safe bet.
The cold, hard fact that we need to come to terms with is the United Sraes economic system is based on capitalism. The money involved is incomprehensible and the power it affords those who have it is even more so. So feel free, fight your fight, I wish you luck. I’ll do my best to enjoy what happiness I’m able to find in the real world.