
Originally Posted by
amingb
Mao ni gi ingon nga Economic Sabotage by the Oligarch .... mo taas inyo minimum wage mo pataas pud na sila sa mga Palaliton tanan ... mao lang gihapon way hinongdan ....
Ang Solution aning Oligarch control of the economy is Cha2x abolished ang 60/40 ....
This is true and if you notice, the oligarchs never complain about minimum wage increases, because they know that at worse, it doesn't affect them, and more likely, will increase their profits due to transfer of profits from exporters and OFWs to their bottomline.
It is usually the export federations that are most upset by minimum wages, and with good reason. They are the primary earners of foreign reserves, along with the OFWs. All minimum wage increases do is transfer wealth from the exporters to the oligarchs who own the malls and local distribution system. So I believe this is right on track...