Monday, March 04, 2024

Obviously basic economic theory isn't taught anymore...how much will a McDonald's #2 meal cost if she gets her way?

 

Don't get me wrong. You've had corporations push idiotic returns for investors at the expense of workers for a long time. How anyone could think that 10% growth experienced in the early 2000's could continue is beyond me but many thought so. What was the price? Stagnant wages, a severing of ties between the work force and their employer and the borderline stagflation that we're creeping closer and closer to.

But a $50 dollar minimum wage?  Hyperinflation forever here we come!

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