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Scott Galloway argues that raising the minimum wage is the most effective way to reduce poverty and inequality, citing its positive impact on young people and the economy. He criticizes politicians for prioritizing corporations over the well-being of low-wage workers.
- Raising the minimum wage is a simple yet powerful tool to combat poverty and inequality.
- The current federal minimum wage has not kept pace with inflation or productivity gains.
- Politicians often prioritize corporate interests over raising the minimum wage.
- A higher minimum wage would benefit young people, who are disproportionately affected by low wages.
- A good job at a fair wage can improve young people's mental and physical health.
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