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Jul 28, 2015
6:54
:07
pm
Busiturtle
So why not make the minimum wage $100 an hour and stimulate even more demand?
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Busiturtle
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danwut
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Busiturtle
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Nov 29, 2001
Last login
Jan 4, 2023
Total posts
56,347 (2,185 FO)
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Messages
Author
Time
Turns out CBers are pretty smart
TNT
7/28/15 6:29pm
The increased income for lower income families will stimulate demand
AxelDC
7/28/15 6:44pm
So why not make the minimum wage $100 an hour and stimulate even more demand?
Busiturtle
7/28/15 6:54pm
The only economists who seem to have ever measured that are Krugman and Marx
Bob Vance
7/28/15 6:54pm
Maybe not immediately, but I would guess 2-3 years
Cheesy Gordita
7/28/15 7:00pm
False, there will be no boom at all. Not enough spending possible
Bob Vance
7/28/15 8:13pm
Actually we won't be in the "same" position. We will be in a position where
CDV
7/28/15 7:01pm
I'm stunned how expensive fast food has become
Busiturtle
7/28/15 7:01pm
Wages of higher income earners would increase
Cheesy Gordita
7/28/15 7:05pm
Not necessarily 1:1 up income ladder
Bob Vance
7/29/15 1:16pm
Upping the min. wage isn't necessarily a bad idea as long as it is done LOCALLY.
Don't Muff It
7/28/15 7:11pm
why go to college? Just vote socialist and get raises for free! Signed, Greece
Reasonable1
7/28/15 7:14pm
A huge increase in the minimum wage like this is a short term positive for the
delbert
7/28/15 8:12pm
^^ This ^^ I can't believe how short sighted some people are.
Reasonable1
7/28/15 8:57pm
Maybe TNT is naive enough to think that most of the folks in congress understand
TNT
7/28/15 9:00pm
It's populism. The socialists that drove Greece into financial ruin were popular
Reasonable1
7/28/15 9:08pm
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