Quote:
Originally Posted by Spexxvet
Just curious as to why you think this. Is there evidence?
|
For now, I'll just base this on my personal experience as a small business owner and an employee at various small businesses over the years.
an example might be your business; are you able to pay your receptionist $45,000 a year?
A CEO making 500 times the
average salary of his workers, not the lowest paid worker, is probably in a position to take less money for himself, let's say 10 times the average, and use the remaining 490x to either increase all his employee's wages or perhaps to create more jobs. I'm not advocating wealth distribution, but suggesting that raising the quality of life of the group would actually raise the QOL of the CEO rather than diminish it.
(see long spoon parable)
In some ways the greed is a higher stakes version of the crab in a bucket phenomenon.
My point is that unless employers pay a living wage to employees, the government has to take up the slack and small business owners are usually not making the kind of money where they can pay employees 45-65k a year. Most of the small business owners I know in this area are not making that much.
I also think it would be possible to pay workers a living wage in this country if we didn't send all our jobs overseas. My position is, if your workforce is not based in the USA, and your corporate offices are not in the USA, then yours is not an American company and therefore not entitled to any type of government subsidy, tax relief, or any other type of benefit and you are subject to import tariffs and so on.