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Politics : Formerly About Advanced Micro Devices
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To: Wharf Rat who wrote (1429727)12/21/2023 4:37:57 PM
From: Tenchusatsu  Read Replies (1) of 1578539
 
Wharfie,
That's nice of you, but it doesn't change the fact that the "labor-killing regs" have not killed labor.
Oh yes it has. Inflation is the result of regulations either killing labor or making it expensive to hire workers.

Sure, inflation might be on its way down, but that's the result of (relatively) high interest rates, a global economic slowdown, and the post-COVID bounce back still lingering around.

Either way, I knew from the start of the "$15 living wage" movement that it would lead to inflation.

And lo and behold, we got it. (More correlation than causation, but still.)

Tenchusatsu
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