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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (1883)	9/16/2008 11:05:37 AM
From: TimF	Read Replies (1) \| Respond to of 3816

tim ,please understand that this bail out wont come free! I certainly understand that. Its one more reason to generally not support bailouts. in 5 years inflation will have reduced it to less than it was in real terms before Inflation isn't that high. If it was there would be pressure to raise the minimum wage again in 5 years, and even if there wasn't harm would have still been done during those five years. Most particularly harm to very low skilled workers, but also to consumers and business. Maybe not catastrophic harm, but some level of harm.