Posted by L.Fure on December 18, 2015 at 18:41:02 from (68.169.253.43):
In Reply to: Troubling Thrusday posted by IaGary on December 17, 2015 at 04:56:45:
Folks on low or a fixed income were screwed, blued and tatooed... Most were down to eating dog food. Only union workers with "cost of living" were protected at the expense of everyone else.
Why would a certain group of workers getting a good wage hurt the rest of the economy? Those same workers most likely took their money to town and spent it. Money is no good if it isn't spent. Having money to spend, and spending it is what helps move the economy. Would it be better for the economy if everyone's wages were dropped to minimum wage every time the economy tanks?
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