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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (51469)2/11/2022 10:29:25 AM
From: ajtj992 Recommendations

Recommended By
Lou Weed
Sun Tzu

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Most of the stimulus money was sent out in 2020, when demand collapsed due to lock downs. There was only $1,000 ($2,000 per couple plus $500 per kid) sent out on Biden's watch. Depending on how many kids you had, a couple could have received as much as $10k in stimmy checks in 2020.

It was a bi-partisan stimulus program, with most of it coming in 2020.

The wages were increasing due to market forces, not due to minimum wage increases. When Amazon, Fed-Ex, and Walmart are paying $15-$19/hour, they are setting the market for entry level wages. That's exactly what transpired. They needed employees at all costs, and their desperation increased entry level wages as much as 30%.
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