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by 0x000000E2 1870 days ago
Is this their way of saying that people don't want to go back to starvation wages and managed to find better jobs post COVID after being laid off?

This is basically McDonalds - "We laid our employees off during an economic disaster, now they won't come back without better pay :'("

Every labor shortage = employers not paying enough.

Inflation my ass

2 comments

House prices went up 10.8% last year. Car prices also increased 10% in the last year. Grocery prices also increased. Hopefully it is temporary, but then again, they might have a point.

https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx... https://www.cnet.com/roadshow/news/used-car-prices-jump-10-t... https://www.msn.com/en-us/money/careersandeducation/whats-be...

House and auto prices are up because demand is historically high. Same thing happening with travel trailers, chips, gas, and remodeling supplies. It's all people doing stuff to avoid COVID. Even groceries, since most people aren't going to restaurants and packaging for retail vs commercial foodstuffs is very different.

True inflation the value of the dollar vs other currencies would drop, and it hasn't. The demand for this stuff and price increases and shortages are worldwide.

Worldwide price increases are a shortage, not inflation. Inflation is just the messaging from dishonest right wing news trying to cast a bad light on the historic economic recovery under Biden and hoping people won't do their own research.

>True inflation the value of the dollar vs other currencies would drop, and it hasn't.

The dollar index has dropped about 10% since 2020.

Chipotle is hiring 20k employees and is prepared to offer them $15/hr, as other retail establishments who have followed along (Amazon, Target). Of course this is going to squeeze businesses offering low wage, grueling jobs. It’s about framing, attempting to cast those who can make more on unemployment as lazy. Someone who has something someone else wants (labor) that is in tight supply, and intelligently prices it isn’t lazy; they’re savvy. This is market price discovery, with sour grapes from a buyer who previously was able to obtain a better price from the seller.