Author Topic: Every socialist liberal who believes a "living wage" wont destroy the economy NEEDS to see this...  (Read 514 times)

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Offline Rapunzel

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http://thelookingspoon.com/conservative-education/5091-every-socialist-liberal-who-believes-a-living-wage-wont-destroy-the-economy-needs-to-see-this.html

   
Every socialist liberal who believes a "living wage" wont destroy the economy NEEDS to see this...

    Published on Sunday, 05 January 2014 11:00

It's simple math people...

“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline Oceander

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http://thelookingspoon.com/conservative-education/5091-every-socialist-liberal-who-believes-a-living-wage-wont-destroy-the-economy-needs-to-see-this.html

   
Every socialist liberal who believes a "living wage" wont destroy the economy NEEDS to see this...

    Published on Sunday, 05 January 2014 11:00

It's simple math people...




Well, either Walmart would be out of business, or its prices would skyrocket, which would result in a drastic drop in customer numbers, which would result in a sharp reduction in the number of required employees, which would ... well, the smart folks - i.e., everyone other than a liberal or other left-wing parasite - can see where this is going.

Offline 240B

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Basic economics. Lets say everyone makes $100,000 an hour. Demand skyrockets, prices skyrocket, currency is devalued. $100,000 becomes equivalent to $10.
 
In economics everything always balances. There is no free lunch. Hundreds of dictators have found this out the hard way.
You cannot "COEXIST" with people who want to kill you.

Offline Oceander

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Basic economics. Lets say everyone makes $100,000 an hour. Demand skyrockets, prices skyrocket, currency is devalued. $100,000 becomes equivalent to $10.
 
In economics everything always balances. There is no free lunch. Hundreds of dictators have found this out the hard way.

I think Argentina - where gov't sets wages - is going through something like that right now.

Offline massadvj

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I think Argentina - where gov't sets wages - is going through something like that right now.

Argentina perpetually goes through this...
"She only coughs when she lies."

Offline Oceander

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Argentina perpetually goes through this...

So do unionized businesses.


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