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Message Subject Obama says hes raising minumum wage to 9.00/hr. i think that is a great fuckin idea!
Poster Handle krosty
Post Content
Obama just wants to boost inflation. Skrew the little people and keep himself on top. Hope you like the result.
 Quoting: Anonymous Coward 27921992

Price inflation is caused by monetary inflation, not by wage inflation.
 Quoting: Anonymous Coward 17152779

Cost push inflation, you think employers will eat the labor cost? No, they pass the cost on to the consumer by raising prices.

 Quoting: Anonymous Coward 961432

They raise the cost to raise profit. Profit depreciates the value of a currency and the uncontrolled corporate machine grinds on.
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