Apparently most people were asleep during Econ 101 and 102.
Politicians attempt to use Economics to their own advantage. Economics tends to be an indifferent bitch.
On the street liberals never learn. Those in power know exactly what they’re doing. Remember, to liberals in power, wrecking the economy and creating more government dependency is not a bug. It is a feature.
I recall that sometime after losing the election he decided to open a hotel in Vermont. He then came face to face with all of the laws he had passed and admitted that what he thought was good work, was actually making it extremely difficult for people to open new businesses and make a profit.
A classic line, one that is always true, is... “If you want to make a Conservative angry, tell him a lie. If you want to make a Liberal angry, tell him the truth.”
Whereupon she stomped out of my office.
She thinks like a 7th Grader and acts like a 7th Grader.
LOL.
They are both right.
He 99% right
She 1% right
I don’t need to discuss why he is right.
She is right in believing that an increase in prices for lettuce would result in an increase in wages for lettuce pickers. Because labor is also a function of supply and demand.
That liberal sociology professor was an awful debator. The counter argument is that the boycott isn't looking to reduce lettuce consumption long term. It is to put the farmer, who has a commodity with a long production cycle and a very short sale period, in a position where he either has to take a smaller profit by paying more or a complete loss from being unable to sell lettuce. Not saying it's correct or moral, but she could have done more than stomp off like an angry child.
Inflation is great for richer people. We own homes. We get to pay them off cheaper. The poorer people will always struggle as home prices rise beyond their wages. They’re idiots for wanting inflation.