Monday, November 26, 2012

To boost the economy and the retail industry, raise retail wages

To boost the economy and the retail industry, raise retail wages
"Low-wage employers and Republican politicians would share an objection to this: They'd claim it would hurt businesses, causing them to hire fewer workers or even lay people off. But that doesn't take account of the fact that poor people don't have money to spend; if retail workers at or near the poverty line get a raise, that money will go toward meeting basic needs they haven't been able to cover. That means a boost to the economy in general and the retail industry in particular."