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Re: Higher wages: bad for Wall Street, good for Main Street

At 2:40 AM 5/12/96, Joseph Koenigsman wrote:

>Referring to my comment that minimum wage should not only be raised, but
>it should be raised to $15 per hour:
>
>Brian Carnell said,
>>
>> And, of course, as a Marxist you will be happy at the high
>> unemployment this would cause?

Hey, I'm all for raising the minimum wage, but $15/hr is about $3.30/hr
about the U.S. average for all private sector nonsupervisory workers. Was
this number offered in the spirit of system-smashing, or a serious bit of
reformism?

Doug

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