I've kicked the shit out of your stupid ass lies. You have no defense. Your spelling is far worse than mine. "dont" is supposed to have an apostrophe you retard & you need to learn where capital letters go in words & sentences.
That's: "'Don't' is supposed to have an apostrophe, you retard."
Yeah. Thanks.
You havent kicked the shit out of anything except your credibility. You are consistently wrong and post graphs to prove how little you know.
I'm still waiting for proof from you that raising minimum wage ever caused inflation in the USA! You can't deliver because it never happened. I have kicked your ass on this over & over again. Republicans are inflationary & have caused massive inflation time after time. I have crushed your stupid ass on that countless times also.
In a complex economy with hundreds of variables at work, how would you ever prove some thing like this.
To suggest it is to admit you've got your nose in a 1st year econ book and have not pulled it out yet.
That might be one place he's got it.
I never maintained anythign like that. But to claim that raising wages has no effect on inflation is stupid.
Yes it is, as regulated increases in wages is axiomatically inflationary. It can be no other way.
Think of it this way... Every so often some idiot suggests that '
the government should just give everyone a million dollars.'
So what happens one the first day when that happens. Let's assume this happens on Monday. The previous Friday you called to get your brakes fixed and the mechanic said he could change the front pads for $50.
So you pull into the shop on Monday and the mechanic tells you that he's going on vacation... because he just got his million bucks. But he could do them for you, if you needed 'em, but he'll need $5,000 to make it worth his while. Well, you just got a million bucks, so why not right?
So after he's done with your brakes, he called the Travel agent and finds that his the $500 airline tickets would now $50,000, because the flight crews, now all millionaires are less inclined to fly for Union Scale. Same with the maintenance crews, ATC folks, etc.
So, you take your car and as you're heading down the road, you notice that at the first stop sign that you're brakes are better, but... they squeak something awful.
So you decide to go buy a new car... and you've been checking around and now that you've got a million bucks, you think 'hey... I'm getting that new Camaro Z28. It's only $75,000. So ya whip it into the General's lot and DANG IT! All the Z28s are gone... and he doesn't know when he'll get any more, but the last one he sold that morning went for $750,000 ... .
And so it goes. Bread's $50 loaf... Gas is $30/gal Rent goes from $2000 to $20,000.
There's nothing complex about any of this... simple supply and demand.