Friday, August 30, 2013

Low Prices or High Pay - Pick One

President Obama, the unions, and Democrats in general are attempting to force Wal-Mart to raise its minimum wage.

In Seattle, there is an absurd push by activists to raise the minimum wage to $15 per hour for fast food workers, retail clerks, baristas and other minimum wage workers.
Venture capitalist Nick Hanauer said there's no time to waste. What the nation needs is money in the hands of regular consumers. "A higher minimum wage is a very simple and elegant solution to the death spiral of falling demand that is the signature feature of our economy".

http://finance.townhall.com/columnists/mikeshedlock/2013/08/30/low-prices-or-high-pay--pick-one-n1687222?utm_source=thdaily&utm_medium=email&utm_campaign=nl 

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