Quote:
Originally Posted by Chico23231
The irony is this...if the government mandated it, you would love it. Since corporate America is doing it...its criticized.
This is serious competition component to the 15 raise....but lets not talk about it. Wages are rising and there have been articles about the holiday job hiring frenzy where higher pay this season was gonna be an issue for demand of those jobs.
Warren Buffet knows what he is talking about and often the liberals will highlight he opinions. But its funny when the bias media doesn't push one of his strong view points on the economy: http://fortune.com/2015/05/22/warren...-minimum-wage/ |
You just love to make this shit up don't you chico? Find a post from anyone that says a company willing to pay it's workers more is wrong???
Funny you quote Warren Buffet yet when it came to the Tax cuts and he was speaking out about how he pays less in taxes than his secretary how much screaming did you do then?I'll remind you none.
Lets just read more about what Warren thinks.
https://www.fool.com/investing/2018/...ax-reform.aspx
But don't expect the tax cuts to benefit everyday Americans
While Buffett acknowledges that Berkshire's bottom line will be helped by the new tax law, and he predicts the stock market is likely to rise, that doesn't mean he thinks the GOP's tax-reform bill is in the best interest of the American public.
Buffett recently wrote an article for Time magazine in which he explained why trickle-down economics doesn't really work.
The whole idea behind the GOP's tax-reform bill is that the massive tax cut for corporations will "trickle down" to the American public in the form of more jobs and higher wages. And the early indications are that this is somewhat true -- several high-profile companies announced bonuses for their workers or higher minimum wages in the wake of the legislation.
However, Buffett points out that historically, trickle-down economics hasn't had the promised effect. He gives the example of the Forbes 400 list of the richest Americans. Between the first version of the list in 1982 and today, the wealth of the top 400 has multiplied by a factor of 29, from $93 billion to $2.7 trillion. Buffett says that at the same time, "many hardworking citizens remained stuck on an economic treadmill." He added: "During this period, the tsunami of wealth didn't trickle down. It surged upward."