How To Not Get Pwn’d By The Daily Show – Peter Schiff Interview



 

Peter Schiff Interview
Click for Peter Schiff Interview

This is my comment on this article:

The middle class is the byproduct of a free market economy; it is not manufactured by a politician’s tax gimmicks, minimum wage laws, or government redistribution of wealth.

There is no such thing as a living wage; there is only a wage that someone can afford to pay.
You have to tailor your living around your wage, not have government tailor your wage around your living.

It is about supply and demand. If you have an easy time filling your employee needs, you offer lower wages, if you have a hard time filling your employee needs, you offer higher wages; because if you do not your competition will and you will be out of business.

It is not about what people deserve or what is fair or what is just; it is about what the market will bear.

Blame the consumer for shopping for the lowest price and blame the voter for voting for government to fix their problems.

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