CNN Fareed Zakaria GPS June 22, 2014 17:29:00
Percentages among the rich countries of the world. a group of more than 600 economists signed a letter imploring the president and congress to pass a wage hike they contend would have, quote, a small stimulative effect on the economy, unquote. truth be told, small is the operative word. it's really not clear what kind of effect raising the wage would have on the u.s. economy. the billionaire investor warren buffett has made very clear his positions on most economic issues, but not this one. buffett said this on cnn in april. >> i thought about it for 50 years, and i don't know the answer on it...
Source: archive.org