I’ve never been the same since it clicked in me that welfare payments are used in a huge part to subsidise the businesses that refuse to pay more than minimum wage. So when the news trumpets that “$COMPANY has made record profits this year”, all I hear is a story about how much profit that company has made while also receiving an indirect government bailout.
It does seem like a company shouldn’t be able to take/distribute profit until it’s repaid all the federal and state programs that the employees rely on.
I’ve never been the same since it clicked in me that welfare payments are used in a huge part to subsidise the businesses that refuse to pay more than minimum wage. So when the news trumpets that “$COMPANY has made record profits this year”, all I hear is a story about how much profit that company has made while also receiving an indirect government bailout.
It does seem like a company shouldn’t be able to take/distribute profit until it’s repaid all the federal and state programs that the employees rely on.