so the working folks in the Philippines that work for 20 cents an hour should be happy to get that 20 cents even though they know its not enough to feed their family properly.
Nope ... that is the problem with desperation. They have no choice ... whereas those who pay them 20 cents an hour should be ashamed of themselves.
this theory, and its a good one i have heard many times before, does not hold water when tried and tested. the truth of it is 50 years back we did have those higher taxes on the rich, there were far more jobs, the pay was twice as good, and rich people were still rich and the country was far better off.
rich people will always buy their yachts, what do you think they have all the money for? poor people still buy cigarettes dont they.
Indeed ... it's referred to a *trickle-down economics*. It failed before and will fail again.
walton is from my home state, he was a saint when i was a kid, self made and started from nothing, just a poor country boy that proved with hard work and dedication anyone can do it. what you dont hear is that in the beginning he got a loan from an uncle for $20,000. and that was back in the 20s. that would be enough to buy 10 homes or close to a million today. i dont know of any working folks that have a family member with a million dollars to ;oan out. from the very beginning he was obsessed with running other companies out of business, it was a game and he wanted to be champion. and every job he provided he destroyed 20. walten also spent a fortune on fighting unions. walton believed working people should have no right to representation.
Unions are important insofar as protecting employees ... which is why Republicans hate them. My late father, ex-BIL and ex-husband flourished insofar as a reliable income, health coverage and retirement plan due to superior employment opportunities provided via their unions.