Bernie Sanders
Related: About this forumSandersDem
(592 posts)Hydra
(14,459 posts)All I hear is, "I'll have to pay people more, and my stock profits will go down!"
PatrickforO
(14,574 posts)To maximize profit. To make as much money as possible while giving as little value back as possible.
Profits could be cut quite a bit in order to pay labor more, ensure safe working conditions and a good benefits package. Profits could also be cut just a little to ensure consumers actually get a decent value instead of the old capitalist rip off. Take a jar of peanut butter for instance. Remember when jars used to be just jars? Now they have a huge bubble on the bottom rising up maybe an inch into the jar. Why? Less product at the same price equals higher profits. Yogurt used to come in a six ounce cup. But now it is 5.3 ounces and they charge twice as much for it.
The right wingnuts have identified the wrong enemy. It isn't government. It is unrestrained neoliberal 'free market' capitalism.
When TPP goes into play things will really get worse.
RichVRichV
(885 posts)there has to be citizens somewhere in the world making decent money in order to buy their products. The rich buying from the rich alone just ain't gonna cut it unless they want to go back to Feudalism.
The more people making good money, the more people spending money, the more robust the economy is. That's basic demand side economics (the one that actually works).
-none
(1,884 posts)People buying stuff is what gets and keeps our economy going. The more people buying stuff, the more taxes the various governments take in to provide services and maintain the infrastructure.
Keeping people in poverty hurts everyone. Paying them a fair wage, a living wage for their labors, helps everyone.
[font color="navy" face="Verdana"]Those who don't want to acknowledge that (even though they know it deep inside) are the ones who want to keep everyone else down. It's going to backfire on them in a big way!
[font color="purple"]Go, Bernie!
tclambert
(11,086 posts)"If my company pays my workers more, that increases my labor costs, which is bad." <-- micro
"If everybody pays their workers more, my customers can afford to spend more at my business, which means I'll have to hire more workers." <-- macro
Workers = customers. That's what they keep forgetting.
-none
(1,884 posts)They aren't capable of seeing the big picture. Only the here and now. Neither do they understand economics to any real extent.
daleanime
(17,796 posts)wish I had a punch line here, but it's literally true.
SheilaT
(23,156 posts)Again, if people have more money to spend it winds up creating more jobs. NOT tax cuts for the rich.
jfern
(5,204 posts)The following 12 months had higher job growth (in terms of percentages) than any 12 months since
hopemountain
(3,919 posts)and pay off their debt - such as student loans, a car payment, co pays, they will be able to afford a better place to live, healthier groceries, better health insurance, day care for their kids - and diapers, for goodness - sakes. and, maybe even a trip with the family to a national park or to visit grandparents for the holidays.
cheez. why can't those stingy 1% ers and their brainwashed vassels, get it?
merrily
(45,251 posts)An owner or franchisee has many expenses other than cost of labor.
I know, I know. Shut up, merrily.
Playinghardball
(11,665 posts)merrily
(45,251 posts)You do such great work with all your OPs.
Playinghardball
(11,665 posts)merrily
(45,251 posts)Enthusiast
(50,983 posts)Lunabell
(6,080 posts)I hope Trump is in an ER one day and says his bullshit to an hourly waged nurse who is helping save his pathetic worthless ass!
libdem4life
(13,877 posts)floriduck
(2,262 posts)azmom
(5,208 posts)rhett o rick
(55,981 posts)I know on the college loan debt problem she said she tell the states in no uncertain terms to "cut it out" referring to raising tuition rates. Or was that the NASDEQ? And cutting SS (enhancing) isn't off the table. She is taking a hard stand on fracking. She would recommend a phase out of fracking on some federal land some time between now and..... Well she didn't say when.
n8dogg83
(248 posts)Sorry, couldn't resist
rhett o rick
(55,981 posts)olddots
(10,237 posts)Guccis ..........
chknltl
(10,558 posts)He claims resturaunt workers shouldn't make what he makes because his is a more skilled job. He had no reply when i pointed out that food service workers work their asses off every day while his great skill entails sitting on his own ass and complaining!
Stargazer99
(2,585 posts)nothing like putting one class against another....and truck driver can't even see it....talk about lack of critical thinking!
chknltl
(10,558 posts)He is proud of his brand of koolaid. Doesnt believe in global warming either. He claims that anybody can write shit on the internet so there is nothing i can show him that can change his self imposed paradigm.
Cosmic Kitten
(3,498 posts)Paying the lumpentariate
a living wage will cut into dividends!
IronLionZion
(45,442 posts)as in beef and lettuce and whatever should be cheaper in a place that is more agricultural. And real estate probably costs less in many US locations. Does anyone have the breakdown of all the costs involved or at least the percentage that is labor?
The difference can't just be in profit. That seems unlikely.
Ferd Berfel
(3,687 posts)I will be asked if I use this