Producer Prices soar 9.7% in Decembers. Sets all-time record.

[otto105]

Seattle passed a $15 minimum wage law in 2014. Here's how it's turned out so far

Seattle's law is now at the forefront of a national debate over the impacts of progressive wage increases.

www.cnbc.com

"
Its employees opted to work fewer hours as their wages rose, a tall order in a tight labor market.




“We thought with higher wages it would be easier to get people to take more hours, but it’s been the opposite,” said Jasmine Donovan, president of Dick’s. She added that the company has had to raise prices for the first time in its history because of the cost of labor alone, whereas in the past, food costs drove such hikes."

Take a read

Two new studies published about the Seattle minimum wage ordinance

 

[struth]

Take a read

Two new studies published about the Seattle minimum wage ordinance

i read the link i provided

 

[Whodatsaywhodat.]

Biden really is doing a horrible job on all fronts.

Producer prices soared by 9.7% in December, biggest gain on record

Wholesale prices rose at the fastest pace on record in December, the latest evidence that inflationary pressures are continuing to plague the U.S. economy.

www.foxbusiness.com

Let's go Brandon... Fuck Joe Biden...

 

[imawhosure]

Just out of curiosity---------->ever wonder why there is very little shortage of cellphones built overseas? How about televisions? Aren't they built there too!

 

[Markle]

1. Can't find employees to hire

2. Workers want more money

3. You raise wages

4. You have to raise prices to cover the wage increase

5. inflation

Why can't employers find workers?

Could it POSSIBLY be because the far-left is taking hard workers' taxes and giving that money to other folks which encourages them to stay home and not work?

 

[otto105]

Why can't employers find workers?

Could it POSSIBLY be because the far-left is taking hard workers' taxes and giving that money to other folks which encourages them to stay home and not work?

No.

 

[Nostra]

Why can't employers find workers?

Could it POSSIBLY be because the far-left is taking hard workers' taxes and giving that money to other folks which encourages them to stay home and not work?

Yes

 

[Markle]

I'm saying that it's currently not affecting how people are buying shit.

Clearly otis' post points to that, but I would add first that businesses need to hire because their at 100% and need to expand production due to demand for goods.

You're try to falsely assert that a President Biden policy is causing it.

Wow, just WOW!

IF it is not the policies of President Biden and his far-left handlers causing our current problems, where should the blame be placed?

 

[otto105]

i read the link i provided

I hope that you did.

 

[ColonelAngus]

Joe is in FIRST PLACE!!

 

[otto105]

Wow, just WOW!

IF it is not the policies of President Biden and his far-left handlers causing our current problems, where should the blame be placed?

newsmaxed.

Pass.


So the withdrawal of Afghanistan contributed to inflation?

 

[otto105]

FUCKING WRONG. You ever buy anything more than your favorite butter? Still living with your mom?

I just rec'd what I ordered 11 months ago, and it sure as shit isn't because others are buying it. Global elite communists are choking everything off so their favorites get more rich and corner more everything.

You ordered some thing from the BuilderBurgers?

 

[maybelooking]

Your answer is to stop buying shit. You're fucking dangerous

no, hes fucking stupid.

 

[maybelooking]

Wow, just WOW!

IF it is not the policies of President Biden and his far-left handlers causing our current problems, where should the blame be placed?

Thats because he EATS the damn things.

 

[otto105]

no, hes fucking stupid.

Is that not the purpose of tightening money to lower inflation?

 

[Markle]

Just how was the latest holiday sales season?

So, you're asking how was the latest holiday season, compared to a holiday season where our economy was shut down by the government.

Got it!

And yet.

Holiday retail sales weaker than expected amid inflation concerns​

By Theo Wayt
December 15, 2021 11:14am Updated

US retail sales slumped in November, despite it being the holiday season, suggesting inflation concerns may be weighing on American shoppers, according to Census Bureau figures published Wednesday.

Retail sales ticked up just 0.3 percent over the month, seriously underperforming expectations of 0.8 percent, according to analysts surveyed by the Wall Street Journal.

Electronics and appliance stores — which typically perform well during Black Friday and the holiday shopping season — saw sales tank by 4.6 percent from October to November. Department stores also saw sales plummet 5.4 percent.

Meanwhile, bar and restaurant sales rose 1 percent and clothing and accessories sales were up 0.5 percent, according to the figures, which cover spending at stores and online.

Holiday retail sales weaker than expected amid inflation concerns

Retail sales ticked up just 0.3 percent over the month, seriously underperforming expectations of 0.8 percent.

nypost.com

Obviously, the buying public knew more than the so-called "experts". Where is inflation today and where is it going?

 

[AzogtheDefiler]

Dude it's the buying of shit which has caused to shit to be out of stock.

Man are you dense.

Nope. Want to try door number 2?

 

[otto105]

So, you're asking how was the latest holiday season, compared to a holiday season where our economy was shut down by the government.

Got it!

And yet.

Holiday retail sales weaker than expected amid inflation concerns​

By Theo Wayt
December 15, 2021 11:14am Updated

US retail sales slumped in November, despite it being the holiday season, suggesting inflation concerns may be weighing on American shoppers, according to Census Bureau figures published Wednesday.

Retail sales ticked up just 0.3 percent over the month, seriously underperforming expectations of 0.8 percent, according to analysts surveyed by the Wall Street Journal.

Electronics and appliance stores — which typically perform well during Black Friday and the holiday shopping season — saw sales tank by 4.6 percent from October to November. Department stores also saw sales plummet 5.4 percent.

Meanwhile, bar and restaurant sales rose 1 percent and clothing and accessories sales were up 0.5 percent, according to the figures, which cover spending at stores and online.

Holiday retail sales weaker than expected amid inflation concerns

Retail sales ticked up just 0.3 percent over the month, seriously underperforming expectations of 0.8 percent.

nypost.com

Obviously, the buying public knew more than the so-called "experts". Where is inflation today and where is it going?

Why not ask that? Well, because inflation currently slobbered over conservatives is compared to 2020 on a year over bases.

But no, the holiday number I posted is compared to 2019.

 

[otto105]

Nope. Want to try door number 2?

Lowland orc's have doors? Thought you just walked out the the cave entrance.

 

[theHawk]

Biden really is doing a horrible job on all fronts.

Producer prices soared by 9.7% in December, biggest gain on record

Wholesale prices rose at the fastest pace on record in December, the latest evidence that inflationary pressures are continuing to plague the U.S. economy.

www.foxbusiness.com

I disagree. His “job” is to destroy the economy and the country. He’s the Democrat’s political suicide bomber. His job is to destroy America, and he’s doing a fine job at that.