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To: Adder

Wage growth usually trails inflation, and you should be happy about higher wages, especially for the poorest part of the labor market, as it strengthens poor households and reduces social problems later on.


15 posted on 01/14/2022 5:52:43 AM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: pierrem15

No it doesn’t.

They are just as poor as they were. They have more dollars that buy the same amount.

Econ 101


21 posted on 01/14/2022 7:31:16 AM PST by Adder (Proud member of the FJBLGB community: /s is implied where applicable.)
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