Senator Sanders so called Bezos bill has caused an interesting backlash. Some liberal economists, like Jared Bernstein, think that the bill will result in unemployment. In brief, the bill proposes to charge those companies, like Amazon and Walmart, who make a habit of employing workers at such a low wage that they have to depend on foodstamps. Basically, Sanders bill calls this a social cost that the company should shoulder. Bernstein’s worry is that the workers will be fired, since the company does not want to shoulder that cost. It is an interesting worry, because it depends on the assumption that there is enough slack in the logistical or clerical line that certain workers will be priced out. In other words, X company employs X amount of employees to get a certain task done – stock shelves, load packages onto trucks, etc. But they hire more than they need. Thus, they can fire some without endangering the process by which products are transported, shelved, checked out, etc.
“I’m so bored. I hate my life.” - Britney Spears
Das Langweilige ist interessant geworden, weil das Interessante angefangen hat langweilig zu werden. – Thomas Mann
"Never for money/always for love" - The Talking Heads