Who would have thought?
The bread excemption meant the wage increase was only going to be ineffective or detrimental to workers. Companies that increase wages will cut staff or fold while the companies that made bread will continue to make bread.
The problem is that a wage increase requires a holistic approach that removes the incentive for the highest paid to make more money, caps on COL expenses, increased taxes on higher brackets that goes to 100%, and corporate taxes that can’t be loopholed to a fraction of nothing.
Increasing wages without taking actions to support that increase results in the increase of COL and inflation, negating the increase in wages; it is like wiping mid-shit.
Bonskreeskreeskree@lemmy.world 7 months ago
Look no further than Europe to see the same franchises fully staffed, paying better wages and charging marginally different prices. America gonna do the American thing at first. They’ll get with the program eventually.
wintermute_oregon@lemm.ee 7 months ago
Look at Europe where the workers from all socioeconomic status pay their fair share of the Taxes.
Bonskreeskreeskree@lemmy.world 7 months ago
I agree, the rich should pay their fair share of taxes!