Tuesday, December 17, 2013

Libertarian Lies

...But Schiff's whole premise is a lie. If Walmart workers were given a living wage, prices wouldn't go up 15 percent. Prices would go up ONE percent.

And even that rise would be mitigated if Walmart curbed executive compensation. During this country's most prosperous period -- the three decades following WWII -- the executive class earned a lot less and workers took home a much larger share of the economic pie...

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