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All tagged Economics
While the Republican programs will create significant long term issues with the deficit, income inequality and social order, in the near term we are likely to see the continued economic success based on the Foundation that President Obama developed.
That is the ultimate irony that President-elect may succeed economically (whether foreign affairs or social issues sink him is a separate set of issues) because of what President Obama bequeathed him.
Follow the money. If the minimum wage is raised, what will the lucky few do with their windfall? Stuff it in their mattresses? Hoard it for their off springs? Run off to Bermuda and put it in an off shore bank account. Buy a yacht and park it next to a 1% owner? NO!
