Years ago while conversing with some young fellows.
It was probably 6 or 7 years ago. A group of us were discussing the dismal state of the economy here in the United States. I made a statement… If we expect this economy to get back on its feet, we have to find a way to get some money into the hands of the middle class and the working poor. This statement was made based on my opinion; if we get some expendable income to these people, they will indeed spend it. This will have a snowball effect creating a robust economy. I still hold those beliefs and share them here today. Garnet Lewis, a candidate for Michigan’s 32nd district senate seat, just asked a question on Facebook about what can we do to create jobs in Michigan .
I did not respond to the question on Facebook, but am doing so now.
Best and quickest short-term solution would be to raise the minimum wage. I know this goes against the message that has been burned into our brains for years but, statistics do prove that raising minimum wage does increase jobs.
Another quick fix would be to start investing in repairing our infrastructure, we all agree this is a much-needed item and I think we should fast forward this action.
On longer term solutions we should invest in education for all our children. A well-educated work force is a draw for investment and increases the value of our workers.
Just a few quick thoughts today, busy schedule.
And you heard it here first; a team from the state of Michigan will win today.
- Report: Raising Minimum Wage = Major Economic Benefits for MI (publicnewsservice.org)