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Goatseye on 25 May 2016
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fatslob-:O said:
aLkaLiNE said:

Cheaper employment = / = lower prices. Cheaper employment = more money staying at the top, which as you said is not being circulated through the economy proportionally. It is literally the rich competing among themselves while more of America winds up on the streets. 

 

If you INCREASE wages for everyone below the elite, guess where that money can only come from? Guess who all of a sudden has more buying power? Guess who's actually going to spend that money and reinvest in our economy? Tell me what is the point in having more money than you literally know what to do with. I understand that the idea of limitless financial potential is tantalizing, but without regulation or even just responsibility we quite literally end up with the current state of affairs.

Ever heard of competition ? 

If you don't use cheaper employment to your advantage then you'll be out of business in no time when your competitors are taking advantage of it ... 

The cycle of rich and poor can only be broken when the latter must become more humble and stronger ... 

How do you achieve that when most job opportunities are shipped somewhere else? It sure humbles American families but in no way it makes them stronger.