Because I was downvoted... Here's my source http://object.cato.org/sites/cato.org/files/pubs/pdf/tbb_70.pdf

@dailydoseofmusic so you promote artificially inflating wages to what a particular job "should" make?

Absolutely correct. And, if the wage increase is in any part passed through to consumers via higher prices, it will hurt the poor because the disproportionately suffer from price inflation.

Here's the thing, only 13 percent of workers earning between 7.25 and 10.10 live in poor households. Nearly 2/3 live in households with incomes over twice the poverty line.

Is it ok to make a joke about a member of someone's family being brutally murdered if it's 14 years later? Or is that kind of behavior only acceptable for mass tragedies?

@dickburger eat shit. Everyone was affected by that day, yes, but there are degrees of being affected. For instance, until August 2001, my parents worked for Cantor Fitzgerald which occupied floors 101-105 of Tower 1. Please tell me how people that knew no one who died is the same as losing over 600 former colleagues. We will never laugh at what happened. Get over yourself you insensitive prick.

Down vote me all you want but if you do, you're wrong.

You're a jackass

I like to pay my country respect. It's America, I'm an American not merica and merican.

They are a self entitled Bernie supporter for insulting you? That logic doesn't follow, boss.

While annual deficits have fallen substantially, it's largely due to rapid increases in revenue (recovering what was lost in the recession), and the reversal of one-time spending during the financial crisis (TARP, and the rescue of Fannie and Freddie most notably). Annual deficits have dropped about 70% since 2009, which is certainly significant, but the rapid fall was from record high levels... 2009's $1.4 trillion deficit represented a 779% increase from 2007. I'm just trying to offer perspective. FWIW I think our rising debt is more noteworthy because it's untenable. Over the same period that deficits fell 70%, nominal debt held by the public grew by about 75%, and as a percent of GDP, debt has grown from 52% in 2009 to nearly 74% in 2015.

The '08 recession was the result of the Community Reinvestment Act, combined with an expansion of subsidized housing programs, the growing influence of GSE's and the Department of Housing and Urban Development, which severely distorted the real estate market and forced banks to abandon proper underwriting guidelines which they'd successfully adhered to for decades. The CRA required banks to make more loans to the poor and inner city minorities, many of whom were unworthy borrowers who previously would have been denied. This increase in regulation pushed the banking industry away from safe practices. The credit default swaps, and CDOs certainly made the problem worse, but the original problem was the direct result of government intervention.

Surprisingly enough people are allowed to change their names.

Cough lol cough