The Real Reason Many Conservatives Hate A Living-Wage Minimum Wage
DavidGrace
14

The mechanics of this issue, economically, come down to Money Velocity. Right now money velocity is at all time lows and consumers are not spending because of it. Anything we can do to reduce costs and increase living incomes for let’s say everyone under 50k a year will boost the economy tremendously.

Here’s Asher Edelman, wolf of Wall Street talking about money velocity.

https://www.youtube.com/watch?v=XJj2kSbwpqE

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