Dummasacrats propose new trillion-dollar redistribution of wealth scheme, not understanding the consequences

[mark francis]

If there is one flaw that commonly affects Democrats far more than others, it is their ignorance of what makes good economies work and what must be done to keep them working. Forcing businesses to participate in money redistribution schemes that will destroy the economy is stupid. Raising minimum wages does not increase the wealth of minimum wage workers so much as it raises everyone's wages and increases the costs of living substantially, resulting in essentially a net loss rather than a net gain for everyone.



California Senate Candidate Floats Radical Bump to Minimum Wage, Smugly Tells Critics to 'Just Do the Math' | The Gateway Pundit | by Rachel M. Emmanuel, The Western Journal 2-18-24

California Senate Candidate Floats Radical Bump to Minimum Wage, Smugly Tells Critics to ‘Just Do the Math’

 

[Gabriel_Bell]

Did you do the math? Is Mark Francis capable of doing the math?
Isn't he aware that what is proposed in the California State Senate is not any official policy of the national Democratic Party?

 

[mark francis]

Did you do the math? Is Mark Francis capable of doing the math?
Isn't he aware that what is proposed in the California State Senate is not any official policy of the national Democratic Party?

I think dummies who think they can raise wages for one group of workers without causing radical disruptions to the whole economy need more than a 2nd grade math primer to make informed decisions.

 

[Gabriel_Bell]

The wages of CEO's has exploded in recent years. The fact is that since Reagan, and partly because of Reagan, increases in productivity that used to increase with workers' wages no longer do so.

 

[mark francis]

The wages of CEO's has exploded in recent years. The fact is that since Reagan, and partly because of Reagan, increases in productivity that used to increase with workers' wages no longer do so.

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Those who envy CEOs do no favors for the economy or for workers whose incomes also rise under the leadership of successful CEOs. The lazy and envious do a lot of damage demanding to be given free money based on greed and ignorance.

 

[pjmret]

Those who envy CEOs do no favors for the economy or for workers whose incomes also rise under the leadership of successful CEOs. The lazy and envious do a lot of damage demanding to be given free money based on greed and ignorance.

Right wing blather