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Thread: The stock market is off the rails
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Old 12-29-2020, 08:47 AM
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Originally Posted by oldtimes View Post
The problem is never that simple. There are many college grads who are making minimum wage right now. Due to the pandemic there are also far more people with no income at all right now through no fault of their own. However, raising the minimum wage is also going to raise prices and eliminate jobs and cause more businesses to fail. It is a very complex problem. Also paying someone 15.00 an hour in NYC is a lot different than paying someone 15.00 an hour in Mississippi. I am not in favor of one size fits all solutions.
agreed. this was tried in Ct., & all it did was kill jobs & severely restrict whichever ones were left. it SOUNDS good, but doesn't work