StrikitRich: El Pachuco: His comment also seems to iimplicitly ignore the fact that all other major currencies have inflation as well, and implies only the dollar has seen a reduction.And what does the fact that other currencies have also inflated have to do with US wages? Are German wages directly tied to US inflation? Australian? Brazilian? I'm paid in US Dollars, not Rand, Pounds, Pesos or Marks.
For reasons too complex for this forum, mild inflation is the best, or least-worst, option, and the fact that modern governments do have enough control to keep inflation under control even through the recent bank/mortgage catastrophe is a testament to the abilities of the Federal Reserve and its foreign counterparts.
But as always, folks with little to no education on the subject have no problem whinging about how awful it is that you can't buy things today at 1914 prices (with 2014 wages, natch, not 1914 wages), and it's all the Fed's fault, and especially every D administration, and thank god St. Reagan fought them tooth and nail or we'd be like Zimbabwe with wheelbarrows of cash to buy a loaf of bread and furthermore.
jjorsett: rewind2846: jjorsett: You phrase it as though he never left.Sh*t on a carpet stinks even after you clean it up.So you're saying five years of Obama hasn't solved anything. We're in agreement there, at least.
Dan the Schman: [Redacted] couldn't be a more obvious troll if [Redacted's]
SevenizGud: Notabunny: Double the current stingy unemployment benefitsAnd pay for it how? farking unicorn fart futures contracts?
SevenizGud: jgbrowning: The disproportional distribution of the wealth generated from labor is the cause of this. The wealthiest among us are taking more and more of the pie, even while it gets bigger.If the poors weren't so lazy and stupid, they would be able to take more.Instead they sit on the couch watching Springer and get paid $670/month to do it.Vote democrat!
ltr77: The rich are the non-workers, at least when it comes to actual contributions to society.
jigger: What did he say the government should do about it? Force everyone to tithe?
rewind2846: And yet there are those on the right who would still vilify him today to the point of pissing on his grave, even though all of them have family members who were helped by his domestic policies, if not themselves. The only reason they don't is because they think what he did in Vietnam was right, and that he should have bombed that country even harder.
jigger: sarajlewis83: Catholic Paul Ryan and others of his ilk would be best served by looking into their own Bibles: the parable of the Good Samaritan and the story of the sheep and goats in Matthew 25 are excellent places to start. For all his 3 years of ministry, Jesus didn't say much at all concerning same-sex relationships, but He sure talked about those poors, and how all Christians are ordered to relate to them, quite a bit.What did he say the government should do about it? Force everyone to tithe?
StrikitRich: I vividly remember families that got by with one bread winner suddenly forced to have 2 working parents to keep up
jjorsett: You phrase it as though he never left.
Notabunny: fta "Going forward, the biggest potential gains that could be made on poverty would be in raising market incomes," said Jason Furman, the chairman of Obama's Council of Economic Advisers.Sooo... People are less likely to live in poverty if they make more money? That's some fine economics work, there, Chief.
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