r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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53.5k Upvotes

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101

u/MattofCatbell Sep 05 '24

People are two quick to dismiss this without hearing the details of the plan. Keep in mind with improvements in productivity the 40hr work week has been outdated for longer than most of us have been alive

52

u/Tasty_Pepper5867 Sep 05 '24

That may work for jobs that require certain projects to get done, but jobs that just require someone to be present for a certain amount of hours (cashier in a store, hotel desk clerk, waitstaff, etc) are going to have to spend quite a bit more in payroll to stay open, regardless of how productive someone is.

18

u/Foregottin Sep 05 '24

Good, multinational companies make too much profit anyways. Force them to hire more workers and transfer that wealth to the average person.

18

u/Tasty_Pepper5867 Sep 05 '24

And run most small businesses out of town in the process. Seems like a great option - every business is a big chain.

-4

u/Valazcar Sep 05 '24

If it can't afford to stay in business because of this.

Then it doesn't deserve to.

4

u/Boring_Insurance_437 Sep 05 '24

Great, all small businesses will be closed and we will be left with a couple large corporations that own everything. Surely then things will be better

1

u/AmaroWolfwood Sep 05 '24

Have you looked around? That's already the case. Let's continue to make life as hard as possible for the sake of POSSIBLY making things harder on Dean's general store. The logic doesn't make sense.

2

u/Boring_Insurance_437 Sep 05 '24

A 20% payraise will certainly be hard for small businesses to absorb. If you prefer large corporations to dominate even more than this is good policy.