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If corporations paid a living wage, would we have as much welfare?
If corporations paid a living wage that was at or above the poverty level, would we have as many people on welfare? Would the budget deficits of all the states and the federal government be reduced from not having to subsidize the working poor so that corporations can make more profits?
6 Answers
- Anonymous8 years agoFavorite Answer
No
- CrocoduckLv 78 years ago
If corporations paid a living wage there would be no need for any welfare at all. There would still be a need for unemployment, social security, medicare, things like that, but welfare for low income people would become unnecessary.
The reason we need welfare is because there just aren't enough living wage jobs for everyone to have one. There are two workers in the US for every one job that pays a living wage. The right wing argument that "everyone should just pull themselves up by their own bootstraps" doesn't solve the problem that there just aren't enough good jobs. When a living wage job has hundreds of applicants, it's not as simple for some people as "just get a better job".
Government handouts really amount to another form of corporate welfare. If a worker eats a nutritious diet thanks to food stamps, and shows up to work on time and works hard as a result, the corporation benefits from it, yet the corporation never had to pay a living wage, the government made that possible. If workers are healthy, and government covers their healthcare, it again, amounts to corporate welfare because the business benefits from it as well.
It's time to end taxpayer subsidizes of welfare and force corporations to pay a living wage to their workers. It's not as impossible as right wing talking points would have you think. In Australia, McDonalds has to pay their workers $15 an hour.
- Anonymous8 years ago
We would have way more welfare because unemployment would skyrocket for low skilled workers.
BTW, if legislating hire wages has no negative impacts, why not just force corporations to give everyone millionaire salaries? ...then everyone would be rich, right?
- Eliot KLv 78 years ago
Higher minimum wage would take millions off of welfare and increase the growth of the economy, which would increase demand, increase employment, etc.
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- e pluribus unumLv 78 years ago
There would probably be less jobs because any remaining manufacturing would move offshore.
- Anonymous8 years ago
No...just more unemployed.