Ep. 422: The Pay People Deserve with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Poverty Line
In real life, there would be several applicants for this unskilled job and they would race to the bottom with the applicant who is willing to work for the least amount of money getting the job. If a business owner can't afford to pay a poor employee just a little bit more so that employee can afford basic life necessities, food, clothing, house, health care of some sort, then the business is a crappy one or probably shouldn't continue to exist. Better to free the entrepreneur to start a more successful business.
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Transcript
