Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Olog-hai

The process is called wage inflation.

The minimum wage inflation escapes to the general population where prices rise to make business profitable and then the relative desparity between the capable and those less capable resumes. That is, the relative inequality returns to the mean.

Adjacent states without the disparity inflation will profit


7 posted on 12/31/2018 6:03:13 AM PST by bert ( (KE. N.P. N.C. +12) Invade Honduras. Provide a military government)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: bert
Rising wages and a growing economy used to be a desirable thing. We called it prosperity.

But now the Wall Street class views it as a crises which and needs to be addressed with more immigrants and also eliminate the minimum wage.

And we wonder why Republicans never seem to get a majority....

37 posted on 12/31/2018 7:50:39 AM PST by central_va (I won't be reconstructed and I do not give a damn)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson