Why do cons say we can't raise the minimum wage because prices will rise, but we can bring jobs back from China and prices won't rise?

Do they actually believe people will work in manufacturing for minimum wage and no benefits?

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  • 3 months ago
    Best Answer

    Raising the minimum wage means more money for the lower income people. Low income people spend what money they have. If they have more money to spend, they spend more money. Businesses benefit because they are selling more products and making better profits. With better profits they can hire more workers or raise salaries so the lower income people have even more money to spend and everyone benefits.

    Giving tax cuts to rich people means they squirrel away more money in tax havens and do not put it back into the country. Everyone loses.

    If you want to boost the economy, give more money to the poor. It works every time, but the rich conservatives don't see it that way and as they run the USA, it doesn't happen.

  • 3 months ago

    Two separate issues.

  • Anonymous
    3 months ago

    minimum wage increase doesn't cause inflation.

    conservative myth

    the fact is that with the increase in inflation, the wages haven't increased in relation to increase of inflation

    the problem is that cons don't understand basic economics and whine about inflation and rising prices yet all of this is relative depending how wages increase

    if wages increase relative to cost of living, assuming its a livable wage, than rising prices are irrelevant

    cost of living is even higher in scandinavia and canada yet their standards of living are higher relative to the rest of the world.

    this Is based on better wages and a stronger social security net as well as an efficient social welfare system

    Source(s): the problem with the u.s is that wages have stagnated the past few decades or so while cost of living and inflation have increased. how is that in the 50's, a factory job can support a family of 4 comfortably yet that is almost impossible now??
  • 3 months ago

    I don't know of a single person who believes that. The only people who complain about buying more expensive american made goods are liberals who hate america and want to support an authoritarian state like China.

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  • 3 months ago

    Hey Lib , just stick to poetry and modern dance , stuff you understand .

    Business is apparently way above your head .

  • 3 months ago

    Cons only want CEO pay to rise

    • tiescore
      Lv 5
      2 months agoReport

      And yet wages for the first time in a long time are rising... hmmmm...

  • Anonymous
    3 months ago

    Most millennial don’t want to work. I am unfortunately working a job in Wichita and downtown is full of drug addicted millennials loafing around and begging. I can’t wait until the job is over and I can go home

  • 3 months ago

    The free market will set wages.

  • 3 months ago

    Jobs leaving China can go to Vietnam, India, Mexico......etc.LOL

    Some leftists sure are clueless.....LOL

  • 3 months ago

    so you want jobs to stay in China?

    You sir are a piece of sh*t.

    • Daro
      Lv 7
      3 months agoReport

      Rem: Obama and the KKKlintons yammering about women getting lower pay than men? Until their policies were exposed, they had to scramble trying to explain that.

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