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Re: Watch: Rep. Katie Porter Uses Basic Budget Math to Expose Jamie Dimon on Starvation Wages at JPMorgan Chase

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 11 Apr 19 10:27 PM | 75 view(s)
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Msg. 29528 of 54959
(This msg. is a reply to 29527 by clo)

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Perhaps but it isn't a strong argument on an individual level.

Employers make jobs available at market rates. They aren't responsible for an employee's costs. If a person wants to be paid more, they need to earn it through their employer or apply for a job that pays more.

If people in a democracy wish to increase lower-paid employees wages generally, they need to make laws that raise wages above minima.

On the other hand, if they wish to lower the wages of higher-paid employees generally, they need to raise taxes on them.

That's how I see it anyway.




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The above is a reply to the following message:
Watch: Rep. Katie Porter Uses Basic Budget Math to Expose Jamie Dimon on Starvation Wages at JPMorgan Chase
By: clo
in ALEA
Thu, 11 Apr 19 9:17 PM
Msg. 29527 of 54959

She is a STAR, a real dynamo!

Watch: Rep. Katie Porter Uses Basic Budget Math to Expose Jamie Dimon on Starvation Wages at JPMorgan Chase
"Mr. Dimon, you know how to spend $31 million a year in salary, and you can't figure out how to make up a $567 a month shortfall."

by Jake Johnson, staff writer
http://www.commondreams.org/news/2019/04/11/watch-rep-katie-porter-uses-basic-budget-math-expose-jamie-dimon-starvation-wages


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