Quote:
Originally Posted by Vendzilla
What do you think giving the banks 85 billion a MONTH is doing to the value of the US dollar?
You have no clear idea what more money in the system does to the value of our currency do you?
The op was about the US having the strongest middle class in the world, until the last 5 years. Obama's Administration fixed that
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Uh you mean the recession that started under Bush caused it and it would've been much worse if Obama didn't take steps like bailing out the auto industry, financial industry etc... Including the fed printing $85bn a month.
These lower jncome jobs are appearing due to deregulation brought on by conservatives. Min wages have declined since the 70s, the purchasing power of the min wage was $10.50 then, so the least that can be done here is raise the min wage to $10
People being paid min wage spend all their money, it's a great investment.