Quote:No I think companies should compensate their workers and compensate them well. But I don't want the government coming in and forcing them to do it either, bad companies will lose good employees to companies that pay better.

 

The solution is competition not government intrusion. 

 

 

Come on man, we're going to go around and around. Of course I know what QE is, and it's the main reason you're having inflation today. Quantitative Easing is a dangerous strategy and almost EVERY major economist agree's it's only kicking the can down the road. 

I understand the point of view of competition being the savior in this situation as well as the desire to remove gov regulation as plausible theory. I do not, however, think for a second, that left to their devices companies will not collude with each other to rig pricing and pay. I don't see how anyone can believe that companies, who's sole mission, is to make as much profit is possible will "do the right thing" or even truly compete with each other. 

 

In the small business world sure that's the case. But as companies grow larger and larger they aquire even more wealth to the point they just buy out competitors to stifle competition. 

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