rather raising a national minimum wage is a really bad idea .. US is a diverse economy which goes from oil rigs to silicon valley to NYC to the plains in mid-west. each state should be able to decide a min and change based on economic situation; & its an incentive for a state to attract labor, if required .. but to me a national min wage is simply a synonym to big government, Federal controlled decisions, less flexibility and lots of project managers to mange stupid things.
Monday, January 25, 2021
$15 minimum wage is not a good or bad idea ..?
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fed left the rates unchanged
2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...
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GDP & Nuclear warheads of various nations : Russia 2.714T 5,500 India 3.9T 180 China 18.74T ...
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It will percolate in CPI in future .. still expecting many rate cuts this year .. think again ..!
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Gold reaches all time high indicating inflation in future; so why are we expecting Fed to cut rates ..?
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