• Verdant Banana@lemmy.world
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    2 days ago

    No president has ever got the economy straight period

    Proof is the minimum wage stuck at $7.25

    No modern country anywhere in the fucking world could have a good economy at such a low minimum wage

    • Corkyskog@sh.itjust.works
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      2 days ago

      Congress is the one who can change the minimum wage.

      The fact of the matter is there is little a president can do to impact the economy, besides starting a war or trying to destroy it with tariffs which shouldn’t be allowed, but Congress has abdicated their duty. Everything else comes from Congress and a little bit of the supposedly independent and benevolent guiding hand of the Fed.