Sean Renaud
The West Coast Pop
- Joined
- Feb 5, 2004
- Posts
- 59,660
-snip-
Then why doesn't 7.50 buy any more than 5.50 did before that? 4.25 before that? 2.50 before that?
How come no matter how many taxes and wage increases you command against these companies the rich just keep getting richer and the harder it fucks everyone else?
Because when you tax a company you tax their consumers....not the rich people running it with their 100 million dollar Christmas bonuses.
Because inflation. I'm not arguing that inflation doesn't happen. I'm stating that looking at the stats raising the minimum wage doesn't drive inflation. Inflation just happens, relatively steadily no matter what the fuck we do. I heavily suspect it's tied more so to a combination of population growth and productivity than it is to anything else but that's a theory not something I can solidly back with stats. What I can back is that raising MW does not spike inflation like your equation claims it should.
It should, common sense and supply and demand all say that it should. Reality begs to differ.
None of you birds are prejudiced, are you. What a bunch of goons. And, some liberal goons too.
I'm prejudiced. That doesn't make me wrong.