Kennedy: Bernie Sanders is trying to shame Walmart into raising wages

Channel: Fox Business
Published: 06/06/2019

Description
FOX Business’ Kennedy takes aim at Sen. Bernie Sanders (I-Vt.) over his calls for Walmart to raise its employees’ wages to $15 per hour. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Hea...



Transcript
Bernie sanders took his mothball sentence: socialism to walmart, to try and use his potential presidency the shame and bludgeon the retail behemoth into giving all its workers $ 15 an hour and here's the funny thing about bernie's heavy-handed collective wages are already going up in other retailers. Like target and amazon are paying workers more without utopian status, forcing them to change that ...
is the magic of the free market. Every action has a reaction without a government wand. Probing your bottom dollar with top-down tenacity. Bernie is now admitting $ 15. An hour is a living wage, but it's also one size fits all number that leads to stagnation and automation. Can you imagine everyone being forced into asize 15 dress for the smallest among us. It would look like a frumpy muumuu and for the delightfully corpulent it would be a tight and confining torture chamber. It'S the same thing for wages. Lower skilled workers make less money. Then they develop more skills and make more money unless the same people are forced to settle for the same amount, then no one has any incentive to improve.



Watch Next

Loading...