Raising the minimum wage gives money to people who will actually spend it, and it does not raid the U.S. Treasury or Social Security Trust Fund.
There is nothing that will stop the oncoming recession. Airline profits are already in free fall. Related travel businesses are being similarly hit. Worst of all: Costco is running out of toilet paper.
This does not raid the U.S. Treasury or the Social Security Trust Fund. In fact it puts more money into the U.S. Treasury and Social Security, as both will reap taxes on the new income.
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