Quote:
Originally Posted by topnotch, standup guy
All things considered, why is that way back in 1960's, when the minimum wage had a hell of a lot more purchasing power than it has now, the economy was doing so well?
Why is that?
Were the rich not really rich back then perhaps?
Or was it maybe because the not-so-rich had more discretionary income to pump back into the economy?
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That's exactly the point. The Government's intervention into the economy has distorted everything and now people want businesses to compensate for mistakes they didn't even make.