DarkSteven -> RE: Another thing about wages in the US (8/14/2009 10:27:56 PM)
|
I know of two models for wage distributions: the Dem model and the GOP model. The GOP model is to have the top guy earn as much as he can, while paying as little as possible to his workers. Aside from the ethics, this creates a system in which the working poor have little to spend. The Dem model is to prop up wages for the workers. This can be done via a minimum wage or by unions. The issue here is that the business is less competitive. Neither model really works.
|
|
|
|