Another stimulus
Published: February 19, 2009
Updated: February 20, 2009
President Obama says that he will spend $825 billion to create 4 million new jobs. I have an idea that will actually work, and maybe even increase the income of the government.
Congress should immediately pass the law, and the president should sign the law rescinding the last increase on the minimum wage to $7.25.
It sounds crazy, since I had proposed a rise in minimum wage to $8.50 back in 2006, but the times have changed, the economy is changed and the world has changed. Rescinding this increase will save many jobs and businesses that are already on the brink.
Mohammed N. Razavi
Daleville
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