The economic fact that the Tories refuse to accept

I found this little video, explaining why it makes more sense economically to pay workers enough money to meet their needs and have a little extra for leisure/comfort.

It’s pretty well established by now that such pay rises don’t drive up inflation – that comes from greedy company bosses whose profit motive demands that they increase prices arbitrarily. Am I right?

With that in mind, here’s the clip:

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2 thoughts on “The economic fact that the Tories refuse to accept

  1. Stephen Licence

    From corner shops to multi-nationals, NO business can survive without the customer at the consumer end. A customer without money is just a wishful thinker.

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