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by WarOnPrivacy 1842 days ago
> Any raise in the cost of labor will be reflected in a price raise.

Perhaps raising prices in order to protect executive pay and shareholder dividends is a factor.

2 comments

That's a straw man argument. Both conditions do indeed raise prices, but only one is due to unnatural government intervention in the market.
Well, I take that back. I guess when big banks are forced to take money from the government, they have to do something with it, so in that case, the execs get bonuses and stocks are bought back.
Both are tiny compared to the total wages of workers.