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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Art Bechhoefer who wrote (10602)3/21/2004 5:36:39 PM
From: RealMuLan  Read Replies (1) of 110194
 
Yeah, there are plenty of working poor in the US. But there is also problem by simply raising the minimum wage. Under the current situation, raising minimum wage would result in higher inflation, possibly less employment, and more outsourcing. Because the market here is simply saturated.
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