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briandmyers  ·  3738 days ago  ·  link  ·    ·  parent  ·  post: What President Obama didn't say about the economy

Sharply raising the minimum wage would address the very worst inequalities, immediately, with next-to-nothing in overhead costs. Of course, this can still be seen as a "confiscatory tax" (on people who employ minimum wagers) - but it's easy to imagine it without chaos.