Quote:
Originally Posted by Guest
Again, the best economic engine is increased wages...that is the best protection from a crash. That enables an economy to limit the effects of downturns by not having severe situations which have been seen. Having an administration and congress depend upon economic growth without encouraging wage increases, increasing the deficit, and reducing taxation of those who can afford taxes, and increasing taxation of those who have lived with wage stagnation for the past decade is, in my opinion, a recipe for another significant economic crash.
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With unemployment at 4.1% and predicted to fall farther wages almost have to rise. The competition for labor will become too great for wages to remain stagnant.