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tecelote

(5,122 posts)
Sat Aug 26, 2017, 04:57 PM Aug 2017

A Low Minimum Wage is Welfare for the Rich. Here's How. [View all]

A low minimum wage is welfare for the rich.

Walmart pays employees $7 an hour forcing their employees to apply for welfare because they can not live in a healthy way for the wages they are paid.

As taxpayers, we pay for welfare.

So the money that Walmart would have to pay employees allowing them to lead healthy lives is subsidized by us using our tax money.

Walmart doesn't have to pay a living wage. We allow Walmart to pay employees a sub-standard wage and we make it up with our taxes supporting welfare. That money we pay in to welfare is basically profit for Walmart and distributed to Walmart stockholders.

Despite what Republicans think, people on welfare do not want to be on welfare. They want to be paid a livable wage. They work for it. They deserve it.

They deserve it a hell of lot more than the rich fucks that might get a .0001% increase in earnings.

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Economists refer to it as externalizing costs. guillaumeb Aug 2017 #1
It's corporate welfare Phoenix61 Aug 2017 #2
Yes. whathehell Aug 2017 #3
And thereby, indirectly, companies that pay their employees liveable wages TheDebbieDee Aug 2017 #4
Good point! tecelote Aug 2017 #5
Exactly! TheDebbieDee Aug 2017 #6
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