Robert ReichDec 5, 2022

Only in America do we call working people ‘essential’ but deny them paid sick leave.

We don’t need to treat essential workers like heroes. We need to treat them like human beings with dignity.

Raise their wages. Give them hazard pay. Guarantee health care and paid sick leave.

Show threadLittle Mike 

@rbreich But Robert, if we raise their wages, then prices will go up! /sarcasm

*watches prices go up and companies reap record profits while wages remain stagnant*

Dec 5, 2022 at 11:11pmWeb
Show threadBuy nothing newDec 6, 2022
@littlemike @rbreich Same in Australia. Neo lib got one thing wrong, that increase profit would be shared with essential workers
Show threadRenéeDec 6, 2022
@princelysum Did anyone believe even the creators of the term believed in trickle-down economics? @littlemike @rbreich
Show threadBuy nothing newDec 6, 2022
@reneestephen @littlemike @rbreich I have looked at Hayes and Friedman but not studied them so don't know their underlying philosophy
Show threadBuy nothing newDec 6, 2022
@reneestephen @littlemike @rbreich *Hayek
Show threadLittle Mike Dec 6, 2022
@reneestephen @princelysum @rbreich Good question. Maybe the rich believed it would work - and it did as far as making them richer. It certainly didn't help the lower income earners.
Show threadBuy nothing newDec 11, 2022
@littlemike @reneestephen @rbreich Stiglitz on you tube is good on this
Show threadBuy nothing newDec 11, 2022
@reneestephen @littlemike @rbreich I think they genuinely did, but they, Hayek and Freidman were wrong.
Show threadLittle Mike Dec 6, 2022
@princelysum @rbreich I never understood why people ever thought corporations would share profits with workers. Trickle down never worked and we have no reason to think it will magically start now. I totally agree with you.