The bigger take is, physical/menial labor is losing value fast. If all that someone is capable of is low-skill manual labor or similar, their work is simply not worth enough to be paid fairly.
In my opinion, a higher minimum wage won’t solve the underlying problem, which is the fact that their work just simply isn’t worth significantly more than what they’re already paid. Walmart’s profit margin is already razor thin, they simply cannot afford to give their employees higher wages. The same goes for CEO’s being paid more, if you gave his salary (around 22 million) to all the […]
Full Post at www.reddit.com