Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
- 16,401
- 2,180
Like we having been saying all along, just left propaganda, We raise MW across the board nationally they are still fucking poor and they drag down The next up wage earners, trickle up poor.
Buffett Says Minimum Wage Increase Isn t Answer to Income Gulf - Bloomberg Business
Billionaire Warren Buffett said the level of income inequality in the U.S. is “extraordinary” but that raising the minimum wage isn’t the best solution.
“I don’t have anything against raising the minimum wage but I don’t think you can do it in a significant enough way without creating a lot of distortions,”
President Barack Obama and Senate Democrats say that lifting the minimum would benefit the economy and reduce income inequality. Many Republicans and business groups say the plan would cost jobs.
Buffett, the second-richest person in the U.S., said raising the minimum wage was “a form of price fixing” and instead favored reforming the earned income tax credit, a refund paid to low and moderate income individuals and couples.
Buffett Says Minimum Wage Increase Isn t Answer to Income Gulf - Bloomberg Business
Billionaire Warren Buffett said the level of income inequality in the U.S. is “extraordinary” but that raising the minimum wage isn’t the best solution.
“I don’t have anything against raising the minimum wage but I don’t think you can do it in a significant enough way without creating a lot of distortions,”
President Barack Obama and Senate Democrats say that lifting the minimum would benefit the economy and reduce income inequality. Many Republicans and business groups say the plan would cost jobs.
Buffett, the second-richest person in the U.S., said raising the minimum wage was “a form of price fixing” and instead favored reforming the earned income tax credit, a refund paid to low and moderate income individuals and couples.
Last edited: