^^ This ^^ I can't believe how short sighted some people are.

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Jul 28, 2015
8:57:24pm

Reasonable1

^^ This ^^ I can't believe how short sighted some people are.

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Reasonable1

Bio page: Reasonable1
Joined: Mar 4, 2015
Last login: May 2, 2024
Total posts: 6,297 (30 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

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

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.

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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