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guillaumeb

(42,649 posts)
1. Recommended.
Sun Feb 23, 2020, 09:21 PM
Feb 2020

I have argued this point often here. A properly indexed minimum wage, that is, one tied to inflation, would have been approximately $21 per hour today.

And that extra purchasing power would have actually stimulated the productive economy, as opposed to the bubble inducing gains that have occurred as the wealthiest gathered nearly all of the increased wealth since 1979.

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