The biggest problem with stimulus programs is their temporary status, which does little to inspire confidence–in workers or employers. Could continuing “stimmie checks” be a new form of welfare, a la Universal Basic Income? The problem with higher minimum wage is it either makes low-income workers unemployable, or forces businesses to automate basic functions. The Change Test–try it next time you order fast food… – Chief Investment Strategist Lance Roberts ——– Articles mentioned in this podcast:
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