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Tell me again you don't understand without telling me you don't understand. Got it.
I guess it never occurred to you there are other ways of taming inflation besides capping people's wages. When you have high inflation, the LAST thing you would want is to keep wages from rising. Otherwise you will send more and more people into poverty.
I guess it never occurred to you there are other ways of taming inflation besides capping people's wages. When you have high inflation, the LAST thing you would want is to keep wages from rising. Otherwise you will send more and more people into poverty.
Let's get two things straight: I've neither stated a blanket opposition to wages rising (that's silly), nor have I advocated for "capping people's wages" (that's authoritarian).
You're either incapable of reading for comprehension, you're failing mightily at being a mind-reader, or for whatever reason you're inclined to deliberately gaslight the forum at the expense of others. I don't particularly care whether one — or some combination of the aforementioned — is the case, it's nonsense.
Here's a great example of how the workers at the lower end of the pay scale are suddenly doing much better:
Yearly percent change in average hourly earnings in leisure and hospitality:
Same for education and health services:
Nice pictures...
"On Friday morning, the Labor Department revealed that average hourly earnings rose by 5.6% year-over-year in March, up from 5.1% the month before. But surging inflation – which hit a fresh 40-year high in February– has erased those would-be gains for workers. By that measure, the typical U.S. worker is actually worse off today than they were a year ago, even though nominal wages are rising at the fastest pace in years. That's because inflation is also soaring."
The people who are most affected by rising inflation - low income workers - are the ones whose wages are rising the most. And those wage gains exceed the inflation rate.
Once again, the conservative mantra is that when a Dem is in office economic gains are "in spite of" and not "because of"...
In this particular situation they would be praising Trump for the numbers that you posted and continuing to blame "democrat" policy for inflation, supply chain issues and the like.
the "partisan Republican" response may be that, but not the rational conservative response. Of course, the converse is also true.
Tell us which specific actions or proclamations that Biden has made which have unleashed, not restricted, business hiring.
Have we at least broke even with all the jobs lost in 2020? Or are we still trying to regain all the jobs lost?
There are still 1.579 million jobs to go. We should break even sometime in the summer.
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