Stay out of doctor's waiting rooms by realizing that many scary symptoms are actually harmless. STORY HIGHLIGHTS. Some symptoms are nothing more than signs of stress and fatigue. The majority of the time, a twitch, mark, or bump is harmless. Seek medical attention if you suspect a symptom is more than something minor.
Why Raising the Minimum Wage Will Increase Inflation and Hurt the Economy. It goes to show that even the president of the United States doesnât understand why Americaâs economy is structurally flawed these days, despite the recovery.
Most economists believe that an increase in the minimum wage causes higher prices and lower employment. This belief rests partly on empirical evidence, but also on the view that labor markets are competitive; if markets are competitive, then increases in the minimum wage should both raise prices and reduce employment.aronson (2001) finds that minimum wage increases tend to raise prices. The magnitude and timing of these price increases is striking. Within three months of a wage hike, Aaronson finds that a 10 percent increase in the minimum wage resulted in a 0.4â0.7 percent increase in restaurant prices.