esalla
Platinum Member
- Banned
- #21
Wages need to go up for the working class. Raising the minimum wage and being legal to our at-will employment laws in our at-will employment States can help improve the efficiency of our economy.We are borrowing from overseas entities for the budget deficits.One of the many inexplicable economic perversities of recent history is that the incredible increase in government borrowing and spending has not resulted in either inflation or higher interest rates. Indeed, with the Federal Government spending money RIGHT NOW like a tsunami of drunken sailors, mortgage interest rates are at historic lows, and inflation does not appear to be a significant problem.
I have not heard ANY explanation of how this is even possible
Before we went head in to borrowing money from foreigners, the gvt had to borrow the money from we the people..... So, interest rates for we the people saving money, sky rocketed... my parents had some CDs paying 14% interest.....
By going overseas, it opened a world of money to borrow at our fingertips, interest on the borrowing stays lower, and we the people no longer are enticed to save money....interest rates on savings dropped, we were encouraged to spend money in the economy or risk stock market investment..... No longer savings....
Is my best guess?
How about the minimum wage goes down and your pay still goes up?
LOL flip the burger Mr. Burger King
Sacrificing the End to the short-term micro-economic Profit means, like usual right wingers?
Actually I bought Apple and Google
Apple is splitting 4 for 1 soon and Google is 1500 bucks a share
You are what
Welfare