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> My suspicion is this is all wallstreet's shenanigans. There is a growing labor rights movement and this climate makes it hard to pass any laws that support th
by tablespoon 4y ago
> My suspicion is this is all wallstreet's shenanigans. There is a growing labor rights movement and this climate makes it hard to pass any laws that support the movement. "Minimum wage caused low profits and an unrecoverable bear market" is the sentiment they want to spread (by they I mean the market makers and investment bankers of wallstreet).
Do you have any evidence from that? Personally, I'm pro-union, etc.; but what you wrote sounds like a bias-affirming conspiracy theory.
- _8j50 4y agoIt's not even a theory, just a suspicion based on how the 08 recession went down. Bush is about to leave office and Obama announced his candidacy and then you know the rest. What isn't a conspiracy is there are very few people who make markets and wield power greater than the treasury dept.