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That’s just ignorant of economic reality.No higher wages are a type of higher expense. They are not mutually exclusive. Wages are an expense.
You believe that a company will over pay its employs and therefore lower its prices?
Why would a company do that? His would it survive? It’s comoetitors would destroy it.
So your company cuts its price in half. Therefore they cut everyone’s pay in half because they can’t afford to survive if they don’t. In what way is this better for our economy?And no, I am saying that lower revenues might be the result of lower prices, not the cause of them, so saying that lower revenues for a company are defacto bad for the country is not a given.
Again a company that reduces labor cost by using inmates (the basis of this conversation) lowers cost. Any well run business will take that reduced cost and use it for methods to increase revenue.
You are saying a corporation given a 10 million dollar cut in expense would reduce their prices by 10 million dollars and get nothing out of it. Business doesn’t work like that.
And even if they did the net effect is less cost of goods and an equal reduction in income to the employees. You think that’s a good thing?
Maybe that’s what you intended but it’s not what you said.It was a question, not a statement.
Lulz. Maybe "unprincipled enough"?
His is a corporation, whose existence is for the sake of maximizing profit, whose decision makers have a fiduciary responsibility to its shareholders to maximize profit unprincipled because it participates in the opportunity to reduce its costs?
What principle are you saying is lacking ?
Again do you read anything you post?Here is a good discussion from a right-leaning publication that sheds some light on this. It appears that the "Percy Amendment" is what started this practice. The prisons do deduct expenses. The companies pay the prevailing minimum wage. The big issue is that they do not pay payroll taxes on those wages because it is not technically "employment", and then there is Kontra's point that minimum wage for things like programming takes jobs away from people in the non-incarcerated American community.
Prison Labor: Laws & Wages Make It Close to Slavery | National Review
It can’t be taking jobs away because there is a restriction
In addition to the minimum wage, other conditions imposed by the Percy Amendment are that local labor-union officials must be consulted, and must agree that local non-convict labor is unaffected, and that goods produced in the prison must be from an industry that isn’t experiencing local unemployment.
Please explain how it can be wrong to take prisoners who are costing the tax payers money to house to be given a job, at minimum wage, to help rehabilitate them, PAY THEIR ROOM AND BOARD AND OTHER EXPENSES so tax payers don’t have to, and keep whats left while learning a skill? With the stipulation that it can’t be taking jobs away from people.
What can possibly be wrong with that?
No one is hurt at all.











