Answer my question and you will see.
It's incredible how dumb you are btw. I honestly didn't think you were this level of ignorant.
You haven't asked a question, I have. I'll do it again;
How would reducing costs for business and increase spending in the economy while controlling cost would cause a depression.
SHOW US THE ******* NUMBERS YOU USELESS IGNORANT ****... Seriously.
Today = 10$ an hour
The Day After Tomorrow = You are made King of America and you stop all price increases, you also bump min wage to 23$ an hour.
Show us with all your tax bullshit jargon how a company will "save" while paying 130% more (actual) dollars per employee.
I don't know about you, but if I knew my expenses wouldn't increase, I wouldn't have to save as much for a rainy day.
I would eat out marginally more than I do so at the moment.
I would fill my 3 gas tank more often.
I would buy more products overall.
How would this not keep the economy going.
Price increases are generally attributed to unions and poor civil management.
The average person who, for years now, has NOT been compensated for outstanding work, would NOT feel the difference.
The upper echelon, who has been abusing their work force for some 7 years now, would know what's it's like to not be rewarded.
Look man, prices go up for many reasons, one is because of lack of available materials.
If I make something, and I order a "unit" of something from somewhere to make this product...
But this unit I need finds itself in short supply suddenly due to (the time of year, natural disaster, more demand for this part, whatever)
Naturally the cost of that part I need goes what? That's right, the price of me buying this part goes up.
Now, because the price goes up I naturally look around for other options that achieve the same goal.
Other options that once were more costly are now equal or *shocking breath* cheaper than the old unit I used to buy.
Now I buy my new and different unit (that works for my needs) from someone else!
Others do the same thing!
Over time the old part is available again for a cheaper price because of many variables!
Would you like me to go over what these variables could be?
Knowing that you won't understand any of this makes me sad... I want to keep going because the "blowback" to such a stupid mother ******* idea like fixing prices can just go on and on and on but your a progressive, and progressives are a lot like the nutty religious right. You don't care about facts based on realities of thousands of years of economies, no, you want to believe, fee, want the economy to be a certain way... You have faith in your bullcrap made up numbers economy.
I mean 23.50$ an hour??? Based on WHAT?