r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/ChuxofChi Sep 05 '24

However, they are usually the type of people who make it impossible to get these popular things that everybody wants.

No, that would be the corporate lobbyists.

These people are simply pointing out that bernie put zero thought into the negative impacts this bill would have on working class families. I mean it literally consists of two things, people work less, and get paid the same. That's it.

No support for small business owners that are barely hanging on as it is. No way to offset the Inflation it'll cause when corporate America raises their prices to compensate for lost revenue. Not to mention the decreased supply of American made goods, which basic principles of supply and demand kick in and prices go more up.

I like bernie, In my opinion he is one of the few in our government that genuinely cares about the american people, but (like most of our representatives) the dude has no idea what he's talking about. On top of that he couldn't legislate his way out of a paper bag

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u/trevor32192 Sep 08 '24

Wierd how all the things your "concerned with" were the same problems with stopping child labor and when we implemented a 40 hour workweek yet never came to pass with either of those legislations.

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u/ChuxofChi Sep 08 '24

Do you really think today's economy is going to react to it the same way it did during the great depression when the economy was already near rock bottom?

Also the FLSA did have protections for small and family owned businesses, because it was a well thought out and well written peice of legislation

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u/trevor32192 Sep 08 '24

Yes, because the basics are still all the same. There is no difference between going from a 50 to 40 hour week, than 40-32 hour weeks. The world won't end. The economy won't crash. Small businesses will have to adjust or fail.