Richard Wolff answers Thom Hartmann's questions about the effect of minimum wage increases on the economy.
Seven million people in more than 20 states just received a substantial raise last week because those states raised 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.
Richard Wolff in traditional fashion offers a bleaker view of the economy...Do you think he is right?
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