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You guys were right about wages


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2014 Oct 11, 12:05am   17,653 views  85 comments

by Tenpoundbass   ➕follow (10)   💰tip   ignore  

Yesterday as I was grocery shopping, I was wandering around the grocery store looking for items that didn't price shock me.
I guess grocers play the stock market too. So when the Dow loses a few hundred points, guess what, everything in store is about 20% more than they were your last grocery trip a few days ago.

Then as was muttering "I'll be so glad when this fucking maniac is out of office and prices resume back to normal..."

It was then that I had a revelation. The prices aren't going to go back to normal this is it. Profits are the biggest for companies ever in the history of American commerce for one very simple reason. Our Federal economic policy has been very complacent about the plight of those that are hurt the most by their policies or lack there of. One that is a policy of watch, collude and participate in corporate price collusion, fixing and gouging on every single item from energy to food. The cheap iPhones and other cheap toys are only a distraction to keep you from realizing everything in your life is turning into a big ticket expense item. It used to be, everyone could trim down the big ticket expenses in their lives, to just one. "Rent" that was it. That was the single most biggest expense in anyone's life.
Now it can be the third, and just one of many. Everything in life is turning into a big ticket item, but of course our distracting toys, that comes with hidden contract commitments, so they'll still get their big money out of you, in the long run.

We need wage inflation to match non official living inflation that the FED claims. They want an economy where everything is inflated while wages contract.

I am now starting to realize that I have been looking at this wrong.
It is time for $20.00 minimum wage. And your average middle class blue collar jobs should be around $120K a year.
Professionals should start at $250K or even more.
Then an only then would the standard of living be back to anywhere like it was in 1999.

We need Wage inflation not voting on Minimum wage to be a certain figure.
We need across the board wage inflation.
There's no particular group that deserves more money while everyone else doesn't.

The unofficial policy of ignoring inflation doesn't just affect the poor, it affects everyone.

Prices aren't going to go down, it's time everyone in America walks off their job to send a message. Not just McDonald's workers, but everyone.

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78   dublin hillz   2014 Oct 13, 7:25am  

YesYNot says

People go out to lunch a lot b/c both parents are working

Both parents working is not an excuse not to cook at home. People just don't make it a priority or they don't know how to do it and can't be bothered to learn. If they did, it would be better for their pocketbook as well as their health.

79   FNWGMOBDVZXDNW   2014 Oct 13, 7:45am  

^ I agree that people should cook anyways. I was just noting a work / lifestyle pattern that has changed over the last 40 years.

80   Diva24   2014 Oct 13, 8:45am  

CaptainShuddup says

Tell me about it, and I could have put that $25.00 london broil in my cart yesterday. It was crazy expensive, but it wouldn't have put me in the poor house. But I refused to do it. Because the last time I bought a piece of London broil like that it was one of the cheapest cuts of meat in the meat case.

So me, just like everyone else in the store was just haplessly meandering around the store with an empty cart, hoping to find just one single item that didn't inflate in course of just one week.

Last week I bought 2 dozen brown eggs for a about $4.00. Yesterday for no reason explained each dozen was $3.50.

Beef isn't just what's for dinner, it's what's wrong with this country.

81   Tenpoundbass   2014 Oct 13, 8:57am  

dublin hillz says

Both parents working is not an excuse not to cook at home. People just don't make it a priority or they don't know how to do it and can't be bothered to learn. If they did, it would be better for their pocketbook as well as their health.

I bought a pound of ground pork and a lb of jumbo shrimp earlier.
The ground pork cost $3.98 and I spent $11.24 on the shrimp it was $8.99 a lb but the served me a little over, so I told him to leave it.
Then I picked up some wonton wrappers and egg roll wrappers, a napa cabbage, came home and spent about 4 hours making soup wontons and pot stickers.

I have about 50 wontons and about 80 pot stickers.

The extra shrimp went into the wonton soup stock.

I've got post stickers and wontons to last through the Winter.
I pay about $9.00 a bag of about 24 pot stickers, at the Asian market.

82   zzyzzx   2014 Oct 13, 9:01am  

dublin hillz says

Both parents working is not an excuse not to cook at home. People just don't make it a priority or they don't know how to do it and can't be bothered to learn. If they did, it would be better for their pocketbook as well as their health.

83   Tenpoundbass   2014 Oct 13, 10:02am  

BTW the same store I mentioned a few days ago with the 3.00 brown eggs, they are back to 1.89 a dozen. What gives? I mean really, is there really that much volatility in the egg industry?

84   indigenous   2014 Oct 13, 11:10am  

thunderlips11 says

Inflation is defined as a general rise in prices. Just because investors desperate for returns are ginning up the stock market and residential real estate doesn't equal inflation. Everything (or almost everything) has to rise in price.

Where the fuck did you get that definition? Come on you are a lot smarter than that.

thunderlips11 says

And they have generally not been reciprocated voluntarily

In any case tariffs are a bad idea and hurt both countries. The reason is that it has been determined that that country is the most efficient producer of that product, consequently the best price all around is arrived at through the market place. E.G. Chocolate is best supplied by the Ivory Coast because it is the most efficient producer of chocolate, as Calif is with almonds, or other countries are with sugar.

But because the cronies have lobbied for tariffs that protect domestic sugar it is cheaper to use corn syrup.

85   indigenous   2014 Oct 13, 11:14am  

zzyzzx says

dublin hillz says

Both parents working is not an excuse not to cook at home. People just don't make it a priority or they don't know how to do it and can't be bothered to learn. If they did, it would be better for their pocketbook as well as their health.

That is funny

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