Why would any one want to break their backs for $25.00 an hour? We have to make work more attractive than going on welfare - but I don’t expect that to change. Politicians want voters who’ll re-elect them.
Look for the welfare state to keep on expanding.
Every day I am more and more thankful that I am close to retirement age. The next forty years are going to see a lot of unrest with the working class getting more and more screwed by the lazy/political class.
Time for me to cash out my IRA and buy a lot of gold, because the dollar is becoming more and more worthless by the day.