Why are Democrats always against Business?

Question

Banks are made up of working people just like you. Corporations are made up of workers and people who put there money at risk but you want to tax them (even at a loss) You even want to burden small businesses by raising the minium wage which doesn't do the poor anygood. It just raises prices and creates more tax revenue for the govenment to raise their own salarys.

handerande you contradicted yourself. Why not cut taxes on the workers then? The rich are paying enough taxes to pay for services just not enough for the salary the Dems in congress want.

handerande, it doent help you if you make $8 an hour and have to pay higher price because someone making 6 got a dollar and hour raise.

Answer 1

They aren't. It is called people not being able to make enough to live on. And as far as the government waiting to raise their own salaries it a laugh...they raise it every couple of years (if not yearly) whether there is a minimum wage increase or not!

Answer 2

Why are Repubicans always against the poor, and minorities?
Any business that pays minimum wage is taking advantage of people, for thier own bottom line. CEO's that get 20 million for a bonus, when the workers under him are struggling is a criminal. If you have a job that pays $6 per hr. and you get a raise to $7 means an extra $40 to that worker. How is this not helping the poor? Taxes help everyone indirectly. A well equipped military, garbage pickup, educating our young, road maintenance, Police, Fire departments, the list goes on. In the words of very rich, and now dead, Leona Helmsly: "only poor people pay taxes." shows republicans for what they really are. Greedy, stingey, whiners.

Answer 3

This is a fallacy.

Higher prices can't always be passed on to the market. You are assuming that businesses are not ALREADY charging the highest price the market will bear to maximize their profits and they can raise their prices to that maximum. If prices can't be passed on then profit margins shrink. Shrinking profit margins are really what businesses are fighting, not protecting consumers. It's a bait and switch argument.

What's the difference between lower profit margins resulting from competition and lower prices benefitting consumers (workers) and lower profit margins from higher wages benefitting consumers? Lower profit margins are not a bad thing. It spreads wealth around rather than concentrating it.

Concentrated wealth throughout history has led to economic collapse. It's very simple to see why. If one man or woman has all the income of an economy, they have no need for the millions of cars, tons of food, etc that keep the economy going. They can't consume enough to keep everyone working!

America is now the largest debtor nation on earth because of this dynamic. The only way we have been able to keep going is because the world keeps loaning us more and more money to spend.

We're set up now for a huge economic fall.

Answer 4

I suppose the same things were said about child labor laws, laws concerning public health and food and drugs, and laws regarding workplace safety.

From merely an economic standpoint, it seems to me that increasing the minimum wage of our lowest paid will put capital in circulation that initially will be used to purchase necessities, and products of folks like General Foods, Proctor and Gamble, and Archer Daniels Midland. This increase in circulated capital of course has a multiplier effect and should create increases in commerce generally.

I think one needs to look more at the macro effect of things. For example, left unregulated one could never be sure that the beef or poultry purchased at the store was of a merchantable or safe quality. There is an economic effect for such an uncertainty. While such regulations have a definite effect on both the price and profitability of the food industry, the overall economic benefit to society outweighs this effect on profit of one industry.

We see the same things at work today concerning the environmental effects of certain products.

I'm a democrat who desires that our limited resources be used efficiently, and that the government encourage such efficiencies to benefit the economy as a whole, not merely one industry or group.

Answer 5

Democrats are not "always" anyhting. Raising the minimum wage actually puts a greater burden on large corporations that thrive on paying a lower wage. It is the larger, multinational businesses that are draining the economy while enjoying unfair tax breaks and using unfair labor practices and monoploistic competition to drive out small business.

Answer 6

I just love the way you people think. You hate people on welfare but piss and moan about a wage increase that will get some of the people off of it. 80 dollars a week over a two year period may not be much to you but if you were working for minimum wage you might think different. Hell, that's a tank of gas, almost.

Answer 7

They're not. Prior to the federal government raising the minimum wage 30 states already had a MW higher than the federal. A lot of those increases were passed by republican legislatures.

Answer 8

"It just raises prices and creates more tax revenue for the govenment to raise their own salarys. "

I never thought about that. You're right. I'm telling you, democrats are sneaky. They do things in ways that show that they are helping but in reality that the least thing in their mind!

Answer 9

Have you seen Exxon's profit's lately???
I am sure they are NOT Democratic! How about Halliburton's?

Answer 10

Democrats want people to be equal, not have rich, poor, etc. They help people who can't help themselves.