P_P to politics @lemmy.worldEnglish • 1 day agoElection 2024: Kamala Harris on NBC vows to double federal minimum wage to $15www.telegraph.co.ukmessage-square74fedilinkarrow-up1360
arrow-up1360external-linkElection 2024: Kamala Harris on NBC vows to double federal minimum wage to $15www.telegraph.co.ukP_P to politics @lemmy.worldEnglish • 1 day agomessage-square74fedilink
minus-squareP_POPlinkfedilinkEnglish9•14 hours agoEconomies work from the bottom up and never the top down. The more money people have, the more money they can spend, and thus the more goods and services they can buy, and thus the more demand there is, and thus the more supply there will be.
minus-square@[email protected]linkfedilink5•13 hours agoThis has been my argument for years. If you want a strong economy have a strong middle class…they’re the ones with the disposable income.
Economies work from the bottom up and never the top down. The more money people have, the more money they can spend, and thus the more goods and services they can buy, and thus the more demand there is, and thus the more supply there will be.
This has been my argument for years. If you want a strong economy have a strong middle class…they’re the ones with the disposable income.