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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Keith J who wrote (2816)2/12/1998 11:38:00 AM
From: Oeconomicus  Read Replies (2) of 18691
 
So guys and gals, Clinton wants to raise the minimum wage (to 6.15 from 5.15 over two years). Why? Wages are growing faster than inflation now and he wants to push the minimum up by 19% in two years? How 'bout if we raise spending and tax rates a bunch too? See if we can recreate the seventies. Boogie Nights and Wag the Dog all rolled up into one Presidency. These self destructive tendencies of his are going to start effecting the rest of us.

Bob
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