Originally posted by hamchan
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Yes, people go through tough times with their health, child support and student loans. But I still see nothing in your argument that puts it back on the corporation to make sure you meet your financial obligations. Are there reasons a corporation would choose to pay more than minimum wage? Of course. Perceived value, decreased turn over, lack of available labor pool are just a few. What advantage would a company like Mickey D's (or Wally World, for that matter) get by paying more?
Look no further than recent events in Washington DC. A "living wage" bill was passed specifically aimed at Wal Mart and their plans to build 3 new stores there. In response, Wally World scrapped their plans and the people who would have been employed there now are out of jobs; not to mention the revenue lost to workers who would have built the stores, support businesses (other stores) that would have come in to the same strip centers, etc.
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