LogFAQs > #950692436

The way America built the Middle Class after WW2 was by paying people a decent wage in which they then could go out and make purchases but as it stand now America has gotten away from that model and we have more and more people struggling to make ends meet which means that will eventually dwindle down and create havoc for businesses.

We have over the course of the last few years, seen some of the most well known stores going belly up i.e. Sears, JC Penney, Neiman-Marcus, J. Crew, Bed Bath and Beyond, Steak N' Shake, Nordstrom, Ruby Tuesday, Dave and Buster's, Toys R Us, Chuck E Cheese, The Gap etc to name a few and while the pandemic obviously played a role, some of these businesses were going under before the pandemic.

In order to have a great economy, employers have to lift up their employees by paying a fair wage that enables people to have disposable income and right now that isn't the case.

We have people who own businesses that have made them billionaires many times over yet they pay people barely $30,000 a year and an economy can't be sustain in that manner.

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SpankageBros