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Re: $15 minimum wage permits few luxuries in US cities

Posted by AlM on Fri Jun 6 16:58:14 2014, in response to Re: $15 minimum wage permits few luxuries in US cities, posted by Henry R32 #3730 on Wed Jun 4 19:03:32 2014.

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There is an aspect of handout in that management and unions have agreed to undervalue the pension benefits by using very high discount rates when valuing them. Whether that was collusion or simple stupidity is not clear to anyone.



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