I hear this logic about low prices being good for poor people all the time, and I can never understand it. If prices are low because labor is cheap, then it se

I hear this logic about low prices being good for poor people all the time, and I can never understand it. If prices are low because labor is cheap, then it seems that the employer/merchant will always make out. It's simple math. Try applying your logic to every wage earner in the world. If a price is reduced by 10% because wages are reduces by 20%, then the employee loses 10%. Sure they can buy everything they need 10% cheaper, but they lost 20% of their pay check. This only helps two types of consumers, investors and people on welfare.