Economy

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Who benefits from a higher minimum wage? (programming.dev)

submitted 8 months ago by [email protected] to c/economy

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[–] [email protected] 52 points 8 months ago (5 children)

Give a million poor people $100.00 each and it goes straight into the general economy. People are buying shoes, food, pizza.

Give one billionaire $100 million and they'll buy a van Gogh and hide it from the rest of the world.

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