re: #297 Pie-onist Overlord

ZOMG ZOMG WMG!!!!! IF TEH JRRB CREATORS HAS TO PAY THERE WURKERS A HIGHER MINIMUM WAGE THEY CANS HAS LOWER PROFIT MARGINS. IT TEH COMMUNISMS!!!!1!!!!!!!TY

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It’s fundamental economics. What happens when you don’t pay your workers as much as they’re worth? You keep the extra money and profit margins go up. What happens when you give your employees raises to coincide with rising profits? Your margins stay the same.

This is why we see the phenomenon of wages stagnating over the last 30 to 40 years, while corporate profits are at an all-time high. Those soaring profits are fueled explicitly because wages have stagnated. Productivity increases, revenue increases, but pay remains the same, thus more of the revenue is profit.

This also coincides with stats on skyrocketing debt. As wages stagnate, yet technological progress is made, the average American puts more and more on the credit card as they keep up with society’s expectation of what “Living the Dream” looks like, despite their wages not keeping pace.

If we intend to pay people more, pay them what they are WORTH, corporations are going to have to accept lower profit margins. That’s just a fact.

The question is whether you consider it moral to sacrifice the workers for the benefit of the company, or feed the company a bit less for the benefit of the workers.