Post #1292 by PucksFool on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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US workers will not take jobs at $7-$10/hr.

As long as a social safety net exists you may be right. But look at what is being done to that net:
snip - Medicare
snip - SNAP
snip - school lunch programs
snip - support for family planning
snip - support for labor unions

A lot of people are going to fall through that net. It's a feature not a bug.

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