Can You Say, The Real Job Creators?

I knew you could. We can give tax breaks to all corporations and businesses but it would be in vain if consumers don't buy the products of those companies.

The below item from the Dayton Daily News is an example of above claim.

Walmart pay raise will boost Ohio’s economy, experts say

nationwide, but experts say the biggest impact will be in states like Ohio, where the job market is dominated by low-wage workers who typically spend any new-found earnings.

“What we know from several studies about consumption among low-wage workers is that every dollar that goes into the pockets of these workers goes back into the economy and that added consumption usually has a positive impact on he economy in terms of consumer demand and job growth,” said Yannet Lathrop, a researcher and policy analyst at the National Employment Law Project.

Link to full article: http://www.daytondailynews.com/news/news/walmart-pay-raise-will-boost-ohios-economy-experts/nkF77/

Paul Hunter