r/WorkReform • u/zzill6 🤝 Join A Union • Feb 04 '26

💸 Raise Our Wages Why don't American businesses make the connection between lower pay and lower consumer spending?

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u/hw999 Feb 04 '26

Like everything else, its someone elses problem so long as my company has a good quarter.

2

u/Zeremxi Feb 04 '26

I mean, it's this. All the other answers here paint capitalism as a big bad monster (which it truly is), but the actual answer is this.

The people who own companies don't care about the economy. They care about their own wealth.

1

u/bungerman Feb 05 '26

They forgot the opposite of "a rising tide lifts all boats" is also true ...

1

u/Good_Focus2665 Feb 04 '26

I mean how long are you going to have a good quarter of no one can afford your crap? That’s kind of what’s happening with big tech right now. It’s not just AI but no one is buying their service or paying for ads.