Bidenomics Failing Big Time?

zubenelgenubi

I'm a star
@zubenelgenubi where you at brotha?
you-rang-gif-5.gif
 

newfie

Well-Known Member
I love this, man
NOW
After decades of continued negative trends regarding COLA, wages
NOW, conservatives are concerned with inflation! Good! Now let’s fix the wage gap and we’ll be in fuc****g business!!
low inflation results in low COLA. wages went up significantly under trump without causing inflation .
 

MyTripisCut

Tiyeeee-gyyyeah!
low inflation results in low COLA. wages went up significantly under trump without causing inflation .
Increased wages cause higher prices. You don’t honestly think big corporations will absorb higher wages do you? They pass them off to the consumer, devaluing the average Joe’s dollar. Otherwise known as inflation.
 

DELACROIX

In the Spirit of Honore' Daumier
Increased wages cause higher prices. You don’t honestly think big corporations will absorb higher wages do you? They pass them off to the consumer, devaluing the average Joe’s dollar. Otherwise known as inflation.

Another factor for the employers are the increasing cost of maintaining their retirement and health and welfare plans. Most are counting on the Feds to bail them out after this pandemic, especially with the Dems in control similar to the Central Trust forgivable loan.

Currently the markets and the economy are doing well for it is not yet a concern, when these employers raise their starting hourly rates they are going to balance it out by eliminating Pension Plans, even Matched 401k’s will be a thing of the past. With Health and Welfare the goal is to force their employees to pay out of pocket more for health coverages or reduce the benefits and force them into the increasing Federal Government’s welfare plans.

Considering that our employer (UPS) pays over 500 dollars per week (except those that in are in a defined pension plan) into BOTH the pensions and health and welfare for every (full time) Union member, you could imagine what their number one goal is at every contract is to get out of those coverages or reduce them to the bare minimum allowed by law
 

Netsua 3:16

AND THAT’S THE BOTTOM LINE
OMG!
That is so racist!
View attachment 340751
Lmfao!


Boom!!


I see you’re another Covidiot.

Chinese Virus
Look at the He Man Woman Haters Club over here.
You guys are so sweet.
Try not to be racist today!
 
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