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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublican candidate Trump says low U.S. wages 'not a bad thing'
Source: Reuters
Politics | Thu Aug 20, 2015 8:39am EDT
Republican candidate Trump says low U.S. wages 'not a bad thing'
WASHINGTON
U.S. businessman Donald Trump, the leading Republican presidential candidate, on Thursday said he would not back a higher minimum wage for American workers as such a move would hurt the nation's economic competitiveness.
In a televised interview on MSNBC, Trump, a real estate mogul and TV personality, said the United States needed low wages and taxes to be competitive with other countries.
"Having a low minimum wage is not a bad thing for this country," Trump said.
"We can't have a situation where our labor is so much more expensive than other countries' that we can no longer win."
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Republican candidate Trump says low U.S. wages 'not a bad thing'
WASHINGTON
U.S. businessman Donald Trump, the leading Republican presidential candidate, on Thursday said he would not back a higher minimum wage for American workers as such a move would hurt the nation's economic competitiveness.
In a televised interview on MSNBC, Trump, a real estate mogul and TV personality, said the United States needed low wages and taxes to be competitive with other countries.
"Having a low minimum wage is not a bad thing for this country," Trump said.
"We can't have a situation where our labor is so much more expensive than other countries' that we can no longer win."
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Read more: http://www.reuters.com/article/2015/08/20/us-usa-election-trump-wages-idUSKCN0QP1AM20150820
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Republican candidate Trump says low U.S. wages 'not a bad thing' (Original Post)
Eugene
Aug 2015
OP
Angry Dragon
(36,693 posts)1. I wonder why he needs so much money then
Xipe Totec
(43,890 posts)2. we can no longer win... Who's we, kemosabe? nt
Shandris
(3,447 posts)3. He's right, based on the old order of things.
We can't have that situation because we'll lose all the jobs.
Guess we'll have to remove currency from the equation for all nations (or, rather, how capital is earned, stored, and kept in a manner that does not involve either currency or money). Then it won't matter how much, or little, people are paid.
But why work on real, modern solutions when we can toss an extra $20 at workers every two weeks and call it a day, neh?