Re:Wages Are Finally Rising, 10 Years After the Recession
by akvadrako on Sunday May 05, 2019 @06:07AM
(#19832038)
Why does that matter? It functions just like a regressive tax and social program. It still contributes to the deficit and is money the government needs to take out of the economy.
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Re:Wages Are Finally Rising, 10 Years After the Recession
by aey on Sunday May 05, 2019 @06:36PM
(#19835515)
It’s money redistributed between consumers (progressively). Presumably the consumers will spend it on things they need, and capitalists will try to squeeze out a profit.
Unlike bullets and bombs, which is money burned.
And unlike Medicaid, which is money taken from consumers and spend specially on medical services. Which consumers may or may not need. Hence all the insurance fraud.