Briiiiliant. But then you will need to put prices control (another Back to the "future" measure) in effect otherwise all those getting $15/hr, plus all those now getting more than $15/hr to stay above the slackers, will be chasing goods and services. Econ 101, the more money wants something the more it will take to get it.
No a free-market proponent. What we have in many cases is nowhere near that. But turning back the clock instead of going forward and fixing things is head in the sand nonsense. I'll take a shot at what you might be - a Trumpie koolaid drinker.
You got it exactly backwards. The more people want then more companies will jump on the bandwagon and competition will drive prices down to the benefit of the consumer. You are trying to mix stock market economics with general economics. The markets produce nothing. They are numbers on a screen. Indexes are numbers invented and driven by greed..emotion...fear...institutions ..ad nauseam. No product is produced or manufactured or sold. Just the idea of value is created out of thin air and people race to participate and the institutions push the numbers around and again the pop gets screwed. ROFLMAO this generation just doesn't get it!
ROFLhead you got it backwards - I wasn't talking about the trading markets, but trade with Mexico duh! And any other country Trumpie might target for his idiotic grandstanding - when he isn't tweet tweeting insults.
Well you are thinking like a progressive liberal globalist regardless of how you label yourself. That is exactly the way they think. You cannot fix the future with same medicine that caused the present mess. America used to be great and was respected and admired and envyed. Now America is hated..taken advantage of in deals...tries to be the world's policeman...tries to push other nations around...buys off countries with taxpayers money..lines the pockets of politicians and lobbyists and corporations all the while putting the screws down on the working man and woman. This is the fruit of progressive liberal globalist thinking put into action the last 5 decades under the guise of free market theory and it has been the direct cause of the mess we are in at the moment. If mr T can get some cooperation he will fix it and go down in history as one of the greatest presidents in the modern era.
I never said you were. I said you are mixing market economics with general economics and coming to erroneous conclusions. These foreign trade deals are killing America and the forces that drive them are not free market in any form or fashion. Did you join the protesters? You may want to race out in the street and wave around some sort of protest poster or other countries flag. ...LOL. PS mr T tweets the way he does for shock value because the world has been lulled to sleep by the progressive globalist. He gets them all quaking in their boots and incessantly quacking like ducks. I have never had so much political fun laughing.