Originally posted by w4HoO
OP, I think you missed my point. There is a huge difference between the President speaking from the pulpit and him writing things into law. Are you arguing that workers shouldn't receive better pay where applicable?
I see people in this thread arguing policy, where none has been suggested.
I didn't hear an ultimatum in Obama's speech. He didn't say "We're passing all these tax reforms, so I'm gonna pass a bill dealing with minimum wages"
He's only "suggesting" business practices. He's at a "business conference". Those businesses don't have to listen to Obama, and you know most won't. When he writes a bill mandating it, or hands out incentives for it then I'll consider it newsworthy and raise concern.
If you want to charge Obama for making empty statements to please an electorate, then I could agree with you. I just don't see anything worth the amount of concern that posters here are giving it.
the point of the OP is really more one of this being an erroneous philosophy from which he makes the statement. Again - saying that if possible workers should earn more money to a group of business leaders is like saying "you really should breath because it's good for you".
The point of that statement was to express what he feels should happen based upon the assumption that is NOT happening.
That's why it's an idiotic statement. That was the point of the post - not to get into some long debate about policy - but others do as they will.
Companies pay their people - at least the good ones - as much as the market will bear. This is impacted by a variety of things, but chief among them is the ability to make and sell goods or services at a competitive cost. ONLY government can hire more people than you need because they are not worried in the slightest about profit margins. If they loose money - they just raise more through taxes and/or debt.
does that make my point better?

