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The LGF Mobile Version Goes Live at Last

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Kragar4/04/2014 2:52:39 pm PDT

He might be a complete loon, but he’s right on this.

The political rebel and former professional wrestler said raising the minimum wage “absolutely stimulates the economy” because poorer people tend to spend most of their income on goods and services rather than stashing it in a bank.

“Believe it or not, spending money is the fuel that keeps the economy growing and moving, that is why raising the minimum wage — every time they do it — the economy takes a spike to the good.”

Ventura said people needed to accept than the United States already had a mixed economy, and neither capitalism nor socialism had a monopoly on good economic policies.

“The two systems by themselves, it’s been proven they can’t survive. You saw what happened when they took the handcuffs off Wall Street and had pure capitalism back in ‘08 — they robbed us blind! The government has to be there to put some type of regulations on it or the thieves will rob you to death.”