Are these workers hamburger manufacturers? Henry Blodget thinks so. (So do I.) |
Imagine a really, really nice capitalist talking all socialist on you. You'd see Henry Blodget this morning on Yahoo! Blodget's explanation isn't really socialism, by the way, as much as libertarian conservatives might want you to think so. Blodget just explains why stifling middle-class wages (and thus producing a low-wage, lower-class, under-consuming society) is not actually good for the bottom line:
Note. Okay, it also could be Christian churches preaching that Jesus would want higher wages because, well, it's Christian to do unto others, etc. In the absence of that (not going to happen thing), then it's government, y'all. Go National Labor Relations Board!
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