Direct result.
https://youtu.be/gj7WEbh4e0M?si=ho-cYKj9L4I6Gj5c
The capitalism devil's cleverest trick is making people think he doesn't exist.
If there is a capitalism devil it is the Government,
Ask Gavin Newsome who just admitted the pending raise in minimum wages for state health care workers
will cost 4 Billion Dollars MORE than advertised. . Lawmakers are scrambling to delay the increase set for next week.
The Wall Street Journal summed it all up nicely:
When government raises wages above what the market commands, employers will increase prices and reduce labor.
California, QED.
When the government acts to improve the lot of the working man the WSJ will argue against it. QED.
Yeah, uh huh.
The California legislation does nothing positive for any Californian. Health care costs will rise, healthcare workers will lose jobs and everyone will now be left to fill a soon to be 45 billion dollar budget deficit.
They await your thoughts and prayers I am sure.
Fuck the WSJ Opinion fish wrap
It is the CORPORATE GREEDFLATION, stupid!
A number of big retailers in recent weeks, including Target and Walmart, have lowered their prices as they strive to pull consumers into stores and online to spend more freely on both essential purchases such as food and more discretionary purchases like new clothes, decorative items for the home, arts and crafts or hobby kits.
Retailers are feeling jittery after they jacked up prices as inflation spiked in recent years.But now, households are not shopping like they used to, and high prices are forcing Americans to choose between wants and needs. In the game of chicken between stores and shoppers, it is the stores that finally appear to be yielding.https://www.cnn.com/2024/05/24/business/amazon-fresh-price-cuts-groceries/index.html