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Funny how posters in here said that raising the minimum wage
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Funny how posters in here said that raising the minimum wage


Jan 27, 2022, 1:40 PM

would cause prices of goods to increase.



Then prices of goods increased anyways



All while corporations are raking in record profits
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I like your funny words magic man


Re: Funny how posters in here said that raising the minimum wage


Jan 27, 2022, 1:47 PM



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Re: Funny how posters in here said that raising the minimum wage


Jan 27, 2022, 1:48 PM

Profit baaaaaaad. You do realize that a good portion of large US corporations have their own internal minimum wage that is typically a lot higher than federal minimum wage, right?

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Re: Funny how posters in here said that raising the minimum wage


Jan 27, 2022, 2:21 PM



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You rocket scientists know that its always been that way,


Jan 27, 2022, 2:24 PM

right ?

My parents bought their house for < 10K in 1964 ...

https://www.reference.com/business-finance/much-did-house-cost-1960-d902d080a8cf8312

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Hey, Econ teacher


Jan 27, 2022, 2:31 PM

let me know if the price increases you're seeing out there correlate at all with this graph...

https://fred.stlouisfed.org/series/CES0500000003
Average Hourly Earnings of All Employees, Total Private
Graph and download economic data for Average Hourly Earnings of All Employees, Total Private (CES0500000003) from Mar 2006 to Dec 2021 about average, earnings, hours, establishment survey, wages, private, employment, and USA.
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Re: Hey, Econ teacher


Jan 27, 2022, 2:47 PM

FBcoach seems like an ok guy, but if he's an Econ teacher, Lawd help us all.

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But how much more crap do we buy than they did?


Jan 27, 2022, 3:03 PM

$1k cell phones, multiple TVs, computers, laptops, multiple streaming services, etc.

Young kids having to play travel ball instead of the local rec.

Look at food. Growing up going out to eat was a huge treat. Now it's common place. More disposable income.

IMHO, you can't really compare the two since the lifestyles and available technology are completely different.

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I dont think you realize what yer trying to say...***


Jan 27, 2022, 4:05 PM



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If she's a hollerer, she'll be a screamer.
If she's a screamer, she'll get you arrested.


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