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re: 15$ min wage vs. People on govt assistance
Posted on 1/16/21 at 10:45 am to The Boat
Posted on 1/16/21 at 10:45 am to The Boat
quote:
If the minimum wage is raised to $15 there isn't going to be many people working 40 hours a week at that wage. It's going to be a bunch of 15 hour a week workers.
This might even be an unstated goal. U3 unemployment goes down along with a deceased labor force participation rate. Congress, Wall Street, low skilled labor and marginally attached workers are all happy while the middle tax pays the burden through taxes and COL increases.
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