Why should WalMart (or McDonald) benefit from paying its workers less than is necessary to survive just to have the Government make up the difference? Food Stamps for the working poor are a form of corporate welfare since they don't have to pay the full cost of labor.
Of course, right wing parties will never crouch the idea of minimum wages as a way of reducing subsidies [to big business] because these "mooch" are huge political contributors to the right -- lets cut subsidies to Corporation will never be their slogan. The day that the GOP or Steven Harper's Conservatives ever bite the hand that feeds them will be a cold day in HELL!
Of course certain corporations may decide that they should reduce the number of workers. However, corporate profitability (as a percentage of sales) has never been as high as it is today. Its more than likely that they could easily absorbe these additional costs. But as long as minimum wages is a battle of the left (and that same group cannot state the obvious case for a reduction in corporate welfare) and uses touchy feely reasons for minimum wages, the battle is lost.
First idea of this is Zero Hedge
Of course, right wing parties will never crouch the idea of minimum wages as a way of reducing subsidies [to big business] because these "mooch" are huge political contributors to the right -- lets cut subsidies to Corporation will never be their slogan. The day that the GOP or Steven Harper's Conservatives ever bite the hand that feeds them will be a cold day in HELL!
Of course certain corporations may decide that they should reduce the number of workers. However, corporate profitability (as a percentage of sales) has never been as high as it is today. Its more than likely that they could easily absorbe these additional costs. But as long as minimum wages is a battle of the left (and that same group cannot state the obvious case for a reduction in corporate welfare) and uses touchy feely reasons for minimum wages, the battle is lost.
First idea of this is Zero Hedge
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