Inflation, inflation, inflation!!!!!!!!!!!!!!!!!!!

[Markle]

It was as high as 16% in 2020 for Trump.

The inflation for the last year was 3.4%. As long as we have a strong economy, I don't think it is going to get to 2%

Prove it or admit you're lying.

 

[Markle]

Additionally large employees like McDonalds have their own minimum wage increases to $15+ and even those do not have minimum wage have had a lot of difficulties finding employees for less than $15 an hour.

Why are you ignoring my simple question? Here, try again. What is the typical household income where one worker is making minimum wage?

So, when the minimum wage at fast food joints goes up to $20.00, what happens to the employee who was making $20.00?

 

[AntonToo]

Why are you ignoring my simple question? Here, try again. What is the typical household income where one worker is making minimum wage?

So, when the minimum wage at fast food joints goes up to $20.00, what happens to the employee who was making $20.00?

LOOK UP YOUR OBSCURE REQUESTS YOURSELF Crazy idea right?

No one ever said that everyone benefits from minimum wage increases, but definetly it helps many in the lowest income quintile.

CBO analysis confirms that a $15 minimum wage raises earnings of low-wage workers, reduces inequality, and has significant and direct fiscal effects: Large progressive redistribution of income caused by higher minimum wage leads to significant and cr

This post has been revised slightly as of February 12. Specifically, it refers only to a literature review by Dube (2019) on the employment effects of the minimum wage on the low-wage workforce. It also does not specifically quantify the influence that employment effect assumptions have on the...

www.epi.org

 

[Lesh]

Isn't 3.5% inflation 175% higher than what actual economists consider "normal" and safe? That being 2%.

The difference between 2% and 3.5% inflation is minimal

And please quote these economists claiming 2% being normal

 

[Markle]

The difference between 2% and 3.5% inflation is minimal

And please quote these economists claiming 2% being normal

To you, 175% higher is...minimal. How cute!

Why does the Federal Reserve aim for inflation of 2 percent over the longer run?

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

 

[Lesh]

To you, 175% higher is...minimal. How cute!

Why does the Federal Reserve aim for inflation of 2 percent over the longer run?

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

If something cost a penny and then it costs 2cents

That’s a 100% increase. How much does that matter?

Again 2-3% is “normal”

And 3.5% is just slightly higher

 

[Moonglow]

My income just inflated with a fat raise

 

[Markle]

If something cost a penny and then it costs 2cents

That’s a 100% increase. How much does that matter?

Again 2-3% is “normal”

And 3.5% is just slightly higher

 

[Lesh]

Sure buddy.

Surrender accepted

 

[Ringo]

Some people have already realized that the state does not have its own money - it just arbitrarily disposes of people's money.
It's only a small thing left to realize that business doesn't have it either - it simply disposes of what it has stolen from the workers.