controlled inflation def helps the people paying back their debts. the average american isnt paying attention to extra fractions, but the banks are because theyre dealing with millions of people and that shit adds up.
usa is a huge consumer market, raising the minimum wage and giving ur people more money to spend(buy prodcuts promotes good business) or save(pay back banks so they can loan out more money) would be good.
First question, how much? $10.00 seems a lil too much barack but i like how u negotiate. $7.25 minimum wage is kinda low and could use a bump. not sure what it compares to other countries and their cost of living.
The second question is who will pay for this increase in wage? there has to be a balance of businesses laying off a few workers, businesses increasing their prices a bit(pass on the increased price to the manufactures), and forced innovation from businesses to figure out how to do business better.
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