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by 0x27081990
3278 days ago
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Higher profits aren't a bad thing. Higher profits mean higher taxes paid, higher profits also mean more money put into work (personal investments or by third parties, i.e. put in a bank and the bank makes their own investments or loans it). Higher profits means wealth is being generated. Contrary to popular belief, minimum wage does not distribute wealth, but rather excludes those who have less, therefore helps accumulating wealth. Minimum wage jobs aren't meant to be a job for life. It's an entry level job. If you want higher paid jobs, you need to earn it. Minimum wage increase causes unemployment, you end helping a few at the expense of others who happen to need help the most. |
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