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I propose that Amazon, Google, Walmart, Home Depot, Apple, Nike and any other large national corporation must pay their employees $300-an-hour, to include their janitorial staff. This would include the hot dog vendor at Dallas Mavericks games. Mark Cuban can afford it.
This would allow mom and pop businesses that will have to pay a government-mandated wage of $15-an-hour a chance to compete against the big guys. After all, that $200 hammer at Home Depot will not look as attractive as a $15 hammer at Pop’s Hardware store.
Instead of a $700 iPhone, a $5,ooo iPhone might increase some cell phone competition in the United States, they might even be manufactured in the States by a small business.
I call it Pain Equity.Published in