America Is Getting a Raise, and Goldman Sachs Is Freaking Out About It

Re:America Is Getting a Raise, and Goldman Sachs Is Freaking... by throwaway2048 on Sunday June 04, 2017 @02:38PM (#14482819)

The thing you are missing is that money spent isnt thrown into a black hole, its spent again, and again, and comes back to you several times. The economy does not function like a household budget.

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Re:America Is Getting a Raise, and Goldman Sachs Is Freaking... by mac01021 on Sunday June 04, 2017 @11:30PM (#14485096)

Say my profit margin is 5%. I could pay my employee an extra dollar, but that dollar has to come back to me 20 times for the pay raise to have been worth it. Is that really going to happen?

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