I see Michigan is trying to declare bankruptcy and 30 more states could do the same. Michigan needs to do it to renegotiate pork union contracts, but the unions are fighting back and want the contracts to remain. No way these states could increase min. wage without the feds. Expect to see many states, cities, ect..go into bankruptcy. Many need to get out of expensive contracts, cut spending, employees, ect.. States will now be forced to cut benefits, wages, ect....or go out of business.
You'll never see a livable min. wage, the GOP backed by corporations will see to that.
Recessions are created by the rich, it's always been the best time to make even more money and grab real assets cheap off the backs of the middle class.
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