Richarddwolff
@richarddwolff·355K subscribers·501 videos
Can Minimum Wage Increases Prevent Economic Recession? (w/ Richard Wolff)
Posted
January 10, 2020
Views
6,232
Likes
298
Comments
63
Engagement
5.79%
January 10, 2020
6,232
298
63
5.79%
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10:49Now PlayingRichard Wolff answers our questions about the effect of minimum wage increases on the economy.
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Seven million people in more than 20 states just received a substantial raise as those states raise their minimum wage. Traditionally stimulus like this from the bottom has been very effective at lifting an economy. To what extent is the lifting of the minimum wage going to be responsible for the economy continuing to grow.
Dr. Professor Richard Wolff in traditional fashion offers a bleaker view of the economy.
Do you think he is right?
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