4 ms·
> To everyone advocating for higher wages, you're actually advocating for higher prices I'm constantly amazed at how commonly people have been brainwashed to m
by grecy 3y ago
> To everyone advocating for higher wages, you're actually advocating for higher prices
I'm constantly amazed at how commonly people have been brainwashed to miss the other perfectly valid option.
Lower profits.
- Maxion 3y agoIf you look at the margins on logistics and grocery stores (at least over here in Europe) you'll find the profit margins are quite poor, around 10% or less. Even if all profits were directed to reduce prices or raise wages it wouldn't have that big of an effect.
- grecy 3y agoReduce profit of the oil company, reduce profit of the company that made and sell the truck, reduce profit of the tire company, reduce profit of the private company that charges tolls on the roads, etc. etc.