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If I understand this correctly it would be better for GS to lower it employees wages 3% yoy so the profits will go up. What about lowering the bonuses will that help with the profits too?

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You definitely don't understand this correctly because it's not about what GS is paying their employees, but rather wage growth in America as a whole.

Yes, I am aware this is about wage growth in America which affects the profits of major companies in America. I think you got my point, though

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