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Money and Finances
Reply to "I don't understand how people cant afford to go out"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Don’t people realize that “paying a living wage” means that companies have to raise their prices thereby causing everything to be more expensive which in turn means that the “living wage” doesn’t buy as much stuff?? [/quote] Companies don’t have to raise their prices when they pay people more. They can stop overpaying their executives and shareholders such a grotesque amount of money. It’s ridiculous how people complain so bitterly about income redistribution only when the workers benefit; not when the owners and shareholders make off like bandits. [/quote] Arghhhhh. This thread is ridiculous. Not every company is a large bloated corporation. A small family business does not have a billionaire CEO so paying more does result in raised prices. [/quote]
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