Can Minimum Wage Increases Prevent Economic Recession? (w/ Richard Wolff)

Richard Wolff answers our questions about the effect of minimum wage increases on the economy.

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Seven million people in more than 20 states just received a substantial raise as those states raise 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.

Dr. Professor Richard Wolff in traditional fashion offers a bleaker view of the economy.

Do you think he is right?

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Видео Can Minimum Wage Increases Prevent Economic Recession? (w/ Richard Wolff) канала Thom Hartmann Program