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Re: 2014's "Robust" Jobs Market Produced No Wages, And Now No Spending

By: Zimbler0 in FFFT3 | Recommend this post (0)
Thu, 15 Jan 15 11:35 PM | 106 view(s)
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Msg. 07675 of 65535
(This msg. is a reply to 07645 by oldCADuser)

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OCU> Are you suggesting that if the minimum wage had been increased that spending would have gone up and therefore the recovery would be more robust?


I certainly hope not.
Increasing the minimum wage means fewer people will
have jobs.

(Any time one shrinks a companies profit margins,
said company finds ways to recover said profit
margins. If they can't they go bankrupt and nobody
has a job any more.)

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: 2014's "Robust" Jobs Market Produced No Wages, And Now No Spending
By: oldCADuser
in FFFT3
Thu, 15 Jan 15 10:19 AM
Msg. 07645 of 65535

Are you suggesting that if the minimum wage had been increased that spending would have gone up and therefore the recovery would be more robust? Gee, what a concept...


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