"...economists usually oppose price controls because price controls reduce efficiency, while often not delivering the promised benefits to those they are designed to help."
The say that the definition of stupidity is doing the same things over and over again, and expecting a different result. That makes the people who control our governments really, really, stupid.
In 2020 when the government paid ppl to stay home - artificially increased the min wage. Jobs that used to pay $8-9/ hour were forced to pay $15 or more to get them to come back to work. These jobs are the infrastructure of day to day basics. I will use food for example - Friend of mine owns a packaging company that does work for Quaker Oats and other processed foods. His cost of labor was up 70% in 2020 to get people to come back to work. Due to contracts that took 12-24 months to get passed back to the food manufactures. Then you have the grocery stores - again jobs that used to pay $8-9 / hour are now paying $15-20. Plus they had to hire additional people to do the "online shopping services." I would assume that food manufactures had cost of employees increase too.
So I simple box of granola bars just went through 3 levels of employee cost that rose from 50-100%.
But it's easier to say Grocery stores are price gouging.
Now we just wrapped 15 years of inflation in key every day needs into 2 years. Food, Housing, Insurance (home and car) are all up 50% or more.
But the MSM loves to tell you it's all good now, we are back to 2.7% inflation.
the supply of common sense has dwindled dramatically the last 20 years. demand will skyrocket, not too much longer. vote 💙💙💙 if u don't want time walz to call u weird
The say that the definition of stupidity is doing the same things over and over again, and expecting a different result. That makes the people who control our governments really, really, stupid.
The government is the problem.
In 2020 when the government paid ppl to stay home - artificially increased the min wage. Jobs that used to pay $8-9/ hour were forced to pay $15 or more to get them to come back to work. These jobs are the infrastructure of day to day basics. I will use food for example - Friend of mine owns a packaging company that does work for Quaker Oats and other processed foods. His cost of labor was up 70% in 2020 to get people to come back to work. Due to contracts that took 12-24 months to get passed back to the food manufactures. Then you have the grocery stores - again jobs that used to pay $8-9 / hour are now paying $15-20. Plus they had to hire additional people to do the "online shopping services." I would assume that food manufactures had cost of employees increase too.
So I simple box of granola bars just went through 3 levels of employee cost that rose from 50-100%.
But it's easier to say Grocery stores are price gouging.
Now we just wrapped 15 years of inflation in key every day needs into 2 years. Food, Housing, Insurance (home and car) are all up 50% or more.
But the MSM loves to tell you it's all good now, we are back to 2.7% inflation.
the supply of common sense has dwindled dramatically the last 20 years. demand will skyrocket, not too much longer. vote 💙💙💙 if u don't want time walz to call u weird