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#22
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#23
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Out of all metrics you cite 14$ an hour for an entry level fast food job, as if this is a good thing This is not a good thing. This is a terrible thing. You're not supposed to make a living wage flipping hamburgers. It leads to this: https://www.cnbc.com/2021/06/02/mcdo...staurants.html Quote:
That wage is a direct reaction to Biden paying people roughly 15$ an hour to stay at home and sit on their ass doing nothing. It's an artificial labor market that can only be sustained by printing more money (Hello Bubble) and it's going to crash | ||||
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#26
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It was a direct result of the CARES act that helped everyone through last year that was voted on in the senate in a 96-0 vote, as well as subsequent stimulus bills. Inflation would continue if we kept passing stimulus bills, but $2000 to every american offset that inflation, meaning someone making 30k would still come out net positive in relationship to the inflative rate, rather than negative in any other given year without a stimulus. The inflation only hits people making individually more than 50k edit: and who don't have kids. Keep in mind over half the US workforce makes under $40,000, the many who are themselves conservative. | |||
Last edited by Sonderbeast; 07-22-2021 at 01:51 PM..
Reason: kids heh
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#27
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![]() A 5.8% rate of inflation indicates a doubling rate of 11.7 years.
The natural logarithm of 2 is .683 .683/.058 =11.7758 intervals to double. It's constitutes a doubling rate increase of +244% over the mean. | ||
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#28
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Show me where all these Americans get a net-benefit from the post-inflation-adjusted dollar in 2021 without another stimulus. How about in 2022, and 2023, and 2024 and 2025. Are you saying Biden gonna have inflation of -2.4% next year to get us back to where we were so you're not being a disingenuous sheister in summing it all up as a closed book for 2020 only with no effect on the future power of your dollar? Or are you so fucking stupid that the thought that the effect cannot be sum-zeroed on a 1-year calendar alluded you. If it's the latter, you literally shouldn't talk about this shit anymore because you're stupid as fuck. If it's the former, your avatar entirely befits you. *Hand rubbing intensifies* | |||
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#29
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![]() omg inflation!! Why do republicans give away trillions of dollars in tax breaks every time they get into office..? Would we be in this place if we had say, 2.2 trillion that was GIVEN away in tax breaks to the wealthiest companies and people on earth, was still in the ole wallet???
Yeah.... Its nobodies fault, cept the guy holding the reins at the time, right? | ||
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#30
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![]() Because corporations employ people, who then create goods and services.
Tax breaks to corporations don't just benefit the dr.evil's who run them, they benefit all the lowlings they employ. You are just mad at rich people. | ||
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