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Comments by "MW" (@mw4507) on "Futures tumble after the hotter-than-expected CPI report" video.
What about massive increases in labor costs? The $8 an hour employee is now $13 and so on.
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@jacobwatson1818 the “and so on” meant the 40k I used to make is now 60k. Even through it’s more money, it has the same value due to inflation. It was not specific to min wage workers, it’s every. I couldn’t possibly afford to go back to 40k as mush as a 13 an hour worker couldn’t make 8 again
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@jacobwatson1818 the point is the value not the amount. The value of money is substantially less than just a year ago. Its not that company’s are greedy, they charge what is reflected in the value of money. People could make a million dollars an hour, if that money has no value, we are all screwed.
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Imagine if build back better had passed? We would never recover as a county. Joe Biden failed and America won.
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