Boomers Need Boom Time
All Americans, especially baby boomers, are praying for an economic rebound. None of us want to see (and experience) the decline of our country. The economy spurts, slows, then spurts again. Well, there are solutions to our stagnation. To no one’s surprise, the solutions do not come from the economic morass of our Congress, or from either political party. The Democrats are wrong. The Republicans are wrong. Real solutions comes from people like Nick Hanauer and his campaign for a minimum wage of $15.00 an hour. That right. That was no misprint. $15.00 an hour minimal wage. Now, you may be nauseated at the recommendation, but I challenge you to read the entire attached article. From my ongoing review of hundreds of articles on finances, it is the best article that I have read for offering a real solution for our country’s economic growth.
When I was young, my father also encouraged me to cheer for everyone’s success. His viewpoint, as a businessman, was simple. With each person’s success, even if that person was a competitor, the pie just grew larger. That translated into a larger piece of that pie for everyone, even those with only a small slice. The article, with its middle-out perspective, argues the point far better than I could explain. But the states that have increased the minimal wage are already showing the greatest economic growth. For the middle class and lower class (or 99% of us), that results in greater independence with more money to spend on consumer items. It also means less dependence on the government with reduced deficits. That will help our country, and it will help each of us. Read the article. Try to have an open mind. We all can benefit by a economic change in the direction of our country.
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Category: Passions Over 55
