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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (750260)10/30/2013 3:19:53 PM
From: Tenchusatsu1 Recommendation

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i-node

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Z,
But much more important are a higher minimum wage and stimulus programs that create jobs.
Higher minimum wages only increase the cost of labor and puts negative pressure on employment.

Stimulus programs typically do not "create" jobs. Only in specific cases. More often than not, it becomes a form of "wealth redistribution," which as I explained before doesn't actually do anything to shrink the gap.

Tenchusatsu
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