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Many points to note:
Raise min wage to 15-20, everywhere. Its the only way people will survive and prosper. Not only that, wouldn't you try harder at your job to not lose that good wage? As their quality of life increases.. so does their expenditures and the need for that wage.
Sure, businesses will have less employees, but the remaining ones will work harder and provide better service instead of needing 12 monkeys, you can have 6 skilled employees.
That higher wage will result in more spending, so other businesses that could not prosper before, will have a chance to prosper and keep running. In the end, it will all balance out as economy strengthens. Sure, for 5-6 years after the raise, it will net a lot of job losses but when it rebounds, it'll be better.
Another way to help your economy would be smarter family planning. Our planet, resources and economies can NO LONGER support 3-4 kids per household with allt he latest gadgets and big un-needed new homes. Be responsible. Less population & less excess = more money for the population and better job wages.
Another way is also to stop being so wasteful. Stop buying shit that breaks or is cheap. Want more jobs and more wages? Buy stuff that lasts and is worth having serviced.
We all created the current situations ourselves...
Settle for what you actually need:
Listen, barring the odd treat or luxury we all deserve, nobody needs that 100k car, that 500k home, that 25k motorcycle.. or paying contractors 100's of 1000's for a reno you don't need. Everyone is always in debt past the day they die. Spend that money wisely. Invest in savings, invest in your children's futures and invest in a home - not something to show off...
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