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

By: oldCADuser in FFFT3 | Recommend this post (3)
Fri, 16 Jan 15 2:30 AM | 99 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 07682 of 65535
(This msg. is a reply to 07675 by Zimbler0)

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Something which is unsupported by any data or facts.




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OCU




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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: Zimbler0
in FFFT3
Thu, 15 Jan 15 11:35 PM
Msg. 07675 of 65535

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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