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tsimionescu
822 days ago
That's still inflation. It doesn't matter why the prices went up, it matters that they did.
1 comments
Aloisius
822 days ago
Yes, but a summer of minimum wage today would be enough to pay for tuition at UCSD had funding been maintained at prior levels.
Notably, minimum wage in California has increased faster than inflation since 1984.
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tsimionescu
822 days ago
Sure, it maybe would, but it isn't. That people are poorer than they were is still true.
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Notably, minimum wage in California has increased faster than inflation since 1984.