06-10-2014, 11:33 AM
Location: Great State of Texas
86,052 posts, read
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Quote:
Originally Posted by
Driller1
Are they supposed to??
Everybody's financially comfortable and happy in "Utopia".
06-10-2014, 11:36 AM
7,846 posts, read
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Reputation: 4025
Quote:
Originally Posted by
urbanlife78
Wages have not kept pace with the cost of goods.
Reason?
Wages have not kept up with productivity. It might have something to do with the loss of collective bargaining in this country...
06-10-2014, 11:37 AM
7,846 posts, read
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Reputation: 4025
Quote:
Originally Posted by
HappyTexan
Now go back and inflate the prices of goods as well.
Those items inflated much more than salaries did.
Your money went further back then.
Jeez louise why is
everyone obsessed with inflation?
You can only have inflation or deflation. Inflation is about 300 times better than deflation. Get over it already.
06-10-2014, 11:38 AM
Location: Great State of Texas
86,052 posts, read
84,595,619 times
Reputation: 27720
Quote:
Originally Posted by
Opin_Yunated
Reason?
Wages have not kept up with productivity. It might have something to do with the
loss of collective bargaining in this country...
min wage jobs such as burger flippers were never in unions. They never "lost" anything.
06-10-2014, 11:39 AM
Location: Portland, Oregon
46,001 posts, read
35,239,557 times
Reputation: 7875
Quote:
Originally Posted by
Driller1
Are they supposed to??
They should, when the cost of goods rise faster than the wages, you end up with the middle class shrinking as people become poorer.
06-10-2014, 12:06 PM
7,846 posts, read
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Reputation: 4025
Quote:
Originally Posted by
HappyTexan
min wage jobs such as burger flippers were never in unions. They never "lost" anything.
So burger flippers deserve to be on food stamps?
06-10-2014, 12:08 PM
7,846 posts, read
6,415,634 times
Reputation: 4025
Quote:
Originally Posted by
urbanlife78
They should, when the cost of goods rise faster than the wages, you end up with the middle class shrinking as people become poorer.
The economy has certainly matched the cost of goods. The income is just all going to the top
06-10-2014, 12:19 PM
24,832 posts, read
37,387,600 times
Reputation: 11539
Quote:
Originally Posted by
Opin_Yunated
The economy has certainly matched the cost of goods. The income is just all going to the top
That is when you look at the top......and figure out how to get in their pocket book.
06-10-2014, 03:09 PM
29,939 posts, read
39,507,656 times
Reputation: 4799
Quote:
Originally Posted by
Opin_Yunated
Jeez louise why is
everyone obsessed with inflation?
You can only have inflation or deflation. Inflation is about 300 times better than deflation. Get over it already.
What kind of inflation? All inflations are not created equally.
06-10-2014, 03:12 PM
29,939 posts, read
39,507,656 times
Reputation: 4799
Quote:
Originally Posted by
urbanlife78
Wages have not kept pace with the cost of goods.
And if they did? Is it your goal to suck the planet dry of all its resources and move on to the next one?
At some point the cost of goods will have to get out of reach to some degree. I don't suppose you think there will be 5 or 6 Americas out their consuming like locust do you?
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