SI
SI
discoversearch

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.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Jamie153 who wrote (473045)5/6/2021 9:36:11 AM
From: koan  Read Replies (1) | Respond to of 541735
 
Last night I was thinking of how much stimulus a $15 minimum wage would be for the poor states with low pay.

All those people getting that raise would have more money to spend and would need less government help, and greatly stimulate the economy, and have more money to start new businesses.

And as they would have more money, businesses would prosper from increased business, and the companies who would be paying the increase would to a great extent be the ones who have been unfairly benefitting from their wealth's power by paying low wages e.g. the McDonalds and Walmarts.

And it would be a big first step in reversing our shameful income inequality.

Poor states would see a huge increase in their standard of living.

And of course Moscow Mitch just said he was 100% concentrating on defeating Biden's legislation.

So much for fucking bipartisanship :)>.