/biz/ - Business & Finance

>>55276541
Literally retarded. Supply-side subsidy you dumbfuck. You can't sell corn for less than it costs to produce, unless you pay people to grow corn. This is a supply-side subsidy, as opposed to a demand-side subsidy, i. e. paying people to buy a given thing. Social spending acts as a supply-side subsidy for labor, if a worker needs $1k/m to exist they CAN'T sell their labor for less than $1k/m, but what happens if we give them food stamps, subsided housing, Medicare etc etc etc? Well now they can sell their labor for less than it costs to produce! Oligarchs benefit, no one else, certainly not the workers.

>>50947736
California minimum wage is currently $15/hr.

>>50514980
It seems like at some point this has a limit though. How many years until $100 won't buy you an hour of min wage labor?

Money printer goes BRrrrrr, inflation goes Brrrrr, housing prices go up and wages go up (this happens last).

>>50386671
How much do rabbits sell for these days?

>>50241707
'no'