https://www.armstrongeconomics.com/international-news/politics/elizabeth-warrens-insane-proposals/
QUESTION: Mr. Armstrong, Elizabeth Warren’s proposal seems
to lack any comprehension of the economic impact. She has said: “To put
our economy — and our families — on firmer ground, it is essential to
reduce household debt both by raising people’s wages and by bringing
down their costs. That is the heart of her economic agenda. We can raise
incomes by increasing the minimum wage to $15 an hour, strengthening
unions, ensuring that women of color get the wages they deserve, and
empowering workers to elect at least 40% of board members at big
American corporations.” Correct me if I am wrong, but hasn’t this QE
been all about getting people to borrow and spend more? Then she wants
unions to run the corporations. When that was the case before everything
declined as you pointed out New York was once a major port but unions
destroyed that. What is your opinion of these proposals?
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