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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: DD™ who wrote (7866)	9/10/1998 2:49:00 PM
From: Math Junkie	Read Replies (2) \| Respond to of 42834

Say, does anyone know where the Brinker thread went? This one seems to have gotten cross-linked to the "Impeach Clinton" thread somehow.

To: DD™ who wrote (7866)	9/10/1998 7:08:00 PM
From: Amots	Respond to of 42834

DD. Something for you: Message 5717750 Amots

To: DD™ who wrote (7866)	9/10/1998 11:54:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 42834

My point was that the increased minimum-wage didn't derail the economy, which was the bogeyman that those who were opposing the increase were bandying about. Most minimum-wage (and near minimum-wage) earners spend almost all their earnings and are left with very little to save/invest. So there can be little doubt about how much their spending contributed to the robustness of the economy. It is only those who earn much higher than minimum-wage who have disposable income to throw into the stock-market (some of whom are stupid enough to believe that they can get out when a bear-market looms and get back in time for the bull run ;-) ) Dipy.