I hate when politicians mix social policy with proclamations about microeconomics. They’ll say things like, “Better paid employees mean happier employees, and that’s just good business!” Tell me, politician, what is it you’re saying about paying employees better? It leads to increased shareholder value, but the company’s finance team has not realized this.
It is a moral imperative and companies should do it without regard to shareholder value. Both are fair arguments to make! Either may be true! But they are different arguments.
In attempting to make both, politician, you’ve managed to make neither. And you’ve lost some of my coveted respect to boot.
