So, you increase a poor worker’s wages by less than $100 per week, increase his electricity costs by $80 per week, increase his travel costs to get to work by about $30 per week, increase his food costs another $20 or so, and make him/her think you’ve done him/her a favor. And don’t forget the increase in health care costs.
Sheesh!
And inflation is regressive—the poorer you are, the more it hurts. Rich people don’t really care if the price of food goes up. Why isn’t anyone pointing this out to the Obamafreak? I’ll tell you why. Because he doesn’t give a rat’s patootie about the poor.