General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGOP And US Chamber - NO Need For Minimum Wage. Business Can't Afford Livable Or Min Wage
if we are to compete in the global economy. The New US business model is "wage parity" with global economy.
FatBuddy
(376 posts)Holiday in Cambodia, where you'll do what you're told.
Bobcat
(246 posts)How about CEO salary and bonus parity even if just with other OECD economies. We have to have "shared sacrifice" don't you know.
Marr
(20,317 posts)Fine. Pay your shit wages, and you can do business solely in India or Vietnam or wherever it is you've chosen to move your production. If you want access to the US consumer market, which is *us*, you'll play by the rules we set.
Every time you hear this subject discussed, it's assumed that businesses are the things that make the whole thing work, rather than the secondary players that they are.
Response to TheMastersNemesis (Original post)
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Tom Rinaldo
(22,913 posts)To whatever extent our ability to survive and thrive as a people is linked to the world economy (and the type of linkage need not be the favored corporate model) then we as a people must figure out how to best manage it. There was a genuine shortage of resources in America during World War II but there was also true shared sacrifice back then also. Some industry was nationalized, there was rationing, there were price controls. When there truly isn't enough to go around then adjustments must be made. The Chamber of Commerce can start making their case when the ration of pay for CEO's of corporations relative to average employees shrinks to a ration BELOW what it was in the post WWII boom years when the U.S. had no global economic competition.