Which financial idea is the worst one? Zach Abraham joins Ep-1408

Representative Barbara Lee wants to be in the Senate and she has an idea! She wants a $50 an hour minimum wage, which is seven times the current federal minimum wage. So she wants to pay people seven times what they are making now and then inflation will go down? Got it. Senator Rubio has highlighted the reality of illegal immigrants who receive $1,500 a month to travel back and forth to the country they are “refugees” from. Meanwhile those who have legally immigrated receive less than half of that when they retire. Zach Abraham joined us to help us figure out which financial idea is the worst.

What does God’s Word say?
Proverbs 9:10
The fear of the Lord is the beginning of wisdom, and knowledge of the Holy One is understanding.
Episode 1,408 Links:
The interest on the debt alone is exploding, up 37% from a year ago. It already costs over $1 trillion a year and will cost $3 trillion annually in less than a decade. Senate candidate Rep. Barbara Lee has a solution to inflation and high prices: Raise the minimum wage to $50 an hourSEN. RUBIO: 'Refugees in their 20’s get more than what retirees who worked & paid taxes get from social security.'Elon Musk moved Neuralink’s incorporation from Delaware to Nevada after a Delaware judge struck down his $56B Tesla pay package. Fmr. SEC Chairman Jay Clayton discusses the potential for other companies to leave the state as well.
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