Inflation's Impact: $15.00 an Hour Minimum Wage Not Enough for Job-Seekers (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 28, 2024, 08:58:01 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  Economics (Moderator: Torie)
  Inflation's Impact: $15.00 an Hour Minimum Wage Not Enough for Job-Seekers (search mode)
Pages: [1]
Author Topic: Inflation's Impact: $15.00 an Hour Minimum Wage Not Enough for Job-Seekers  (Read 3696 times)
Fmr. Pres. Duke
AHDuke99
Atlas Star
*****
Posts: 24,074


Political Matrix
E: -1.94, S: -3.13

P P
« on: November 03, 2022, 11:16:39 AM »

The #1 driver of inflation hasn't been government stimulus or supply chain issues, it's been a tight labor market that has driven-up wages.

Unskilled workers may be able to demand $20/hour now, but that won't last through the next recession.  Higher minimum wages elongate and weaken job recoveries, for this reason. 

So you think the trillions of free loans/stimulus given out during Covid (a lot of it to people and businesses that didn't need it) and supply chain issues have had no impact on inflation whatsoever? How did you come to that conclusion?
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.021 seconds with 13 queries.