floofloof@lemmy.ca to World News@lemmy.worldEnglish · 19 hours agoFrench protests see numbers surge as unions join strikes over high cost of livingwww.bbc.co.ukexternal-linkmessage-square20fedilinkarrow-up1275arrow-down13
arrow-up1272arrow-down1external-linkFrench protests see numbers surge as unions join strikes over high cost of livingwww.bbc.co.ukfloofloof@lemmy.ca to World News@lemmy.worldEnglish · 19 hours agomessage-square20fedilink
minus-squarepanthera_@lemmy.todaylinkfedilinkEnglisharrow-up1arrow-down12·13 hours agoBut higher wages will increase the cost of living as employers raise prices to pay to for the higher wages.
minus-squareRavenheart@lemmy.ziplinkfedilinkEnglisharrow-up2·3 hours agoThis excuse always baffled me. You know they don’t HAVE to raise their prices, right? They could simply eat the cost and still be rolling in obscene amounts money. Let’s stop making excuses for corporate greed.
minus-squaretyo_ukko@sopuli.xyzlinkfedilinkEnglisharrow-up8·10 hours agoSo, conversely, lower wages would make prices cheaper? By that token, I suppose you would be happy to have everyone’s salaries cut in, say, half?
But higher wages will increase the cost of living as employers raise prices to pay to for the higher wages.
This excuse always baffled me. You know they don’t HAVE to raise their prices, right? They could simply eat the cost and still be rolling in obscene amounts money. Let’s stop making excuses for corporate greed.
So, conversely, lower wages would make prices cheaper? By that token, I suppose you would be happy to have everyone’s salaries cut in, say, half?