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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (919123)2/4/2016 11:25:45 AM
From: Wharf Rat  Read Replies (1) | Respond to of 1574005
 
"One fell swoop isn't necessary for it to be harmful, as long as the little steps, happen quickly enough "

We used 18 months.

"If you were going to get 1.6 million new workers, and with the new higher minimum you only get 1.5 million new workers, the higher minimum still put 100,000 out of a job."

Who says we were going to get 1.6M new workers? Perhaps we were only gonna get 1.4M, but the extra money in circulation created enuf new demand to create another 100K jobs.