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What part of the cost of living has increased, but the wages haven't don't you understand? No one is asking that they suddenly become well to do.. but why are executive pay increasing over 400% in the last decade, but everyone elses, including the lowest on the rung, actually DECREASING with the rate of inflation.
Executive pay has absolutely nothing to do with the topic. Do you really think Warren Buffet is going to start giving away his wealth to his employees? Nonsense.. He's going to increase prices to offset the expenses.. And as he increases prices, his profit and capital rate demands increase, thus he becomes even wealthier..
Well done
Quote:
Originally Posted by Proud2beAMom
The poor are working and getting POORER.. NOT staying in the same place, but their condition , their state is actually getting WORSE because minimum wage isn't rising with the cost of living..
Wrong, their state is getting worse because the cost of things are increasing and their pay isnt staying in check. So taking steps that increase the cost of living doesnt help them, in fact it makes it even worse because others who are making slightly above minimum wage, will suddenly be at minimum age, and thus they become worse off.
You are trying to connect dots that are not even on the same page.
I'm sorry its difficult for you to comprehend that those who had their jobs offshored, must now re-enter the work force and compete against those very same folks you said werent capable of being smart. but deserved more money regardless..
The poor are working and getting POORER.. NOT staying in the same place, but their condition , their state is actually getting WORSE because minimum wage isn't rising with the cost of living.
.
and they did nothing to improve their market value.
We need to connect the dots, 20 year olds in urban areas with 3 kids, who need 4 last names on their mailbox, are not going to do well. That isn't the Walton families fault, it is the fault of those who fail to take advantage of every opportunity, who lack a solid work ethic, who think even 12 years of school is too taxing for them.
Eliminate Fannie & Freddie....and all other Fedgov price supports for housing.
This little move is something that would both reduce the corrupt Fedgov's footprint and also improve the quality of life for lower middle-class people and below.
Your chart has to do with more the devaluing the dollar than anythign else..
One factor of the devaluation of the dollar or inflation is the arbitrary increase of labor cost which according to someone increase many other costs.
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