Option Strategies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Option Strategies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (2228)	1/22/2021 11:38:09 AM
From: Thehammer	Read Replies (1) of 2591

Hi Bob, I think that a minimum wage is best managed at a local or state level. They should understand the economics better. It isn't just teens but marginal employees as well those underkilled or underdeveloped. Employers are hesitant to take a chance. It also hits the small companies (were most jobs are actually created) hardest. Big firms can automate or off shore ( I have done both before I retired). It creates albeit probably temporary workforce issues when the wage scales pan across the minimum as a disproportionate percentage of budgeted wage increases are awarded to lesser skilled or less productive employees. The best solution is full employment as seen pre Covid. The NYT apparently had an article (I only heard of it have not read it) in that Biden's economic advisors are targeting an economy that rivals pre-Covid. Great goal and the prior administration had a blue print that achieved it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next