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Thread: America has a massive truck driver shortage. Here's why few want an $80,000 job

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  1. #11
    MW
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    Quote Originally Posted by Judy View Post
    That's why you tie minimum wage to the inflation rate.

    Duh.
    As most Republicans, I'm not a supporter of chasing inflation with minimum wage increases.

    "The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**

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    Quote Originally Posted by Judy View Post
    There's nothing wrong with "inflationary". competition and levels it out.
    So if we were on a gold standard and a dollar now was worth what a dollar was 100 years ago, if I put a $1000 in the bank 100 years ago, it would still be worth the same. It would have the same buying power.

    The inflation is runaway. I guess you support our 22Trillion dollar debt because it helps the stock market go up and lower the cost of a mortgage.

    This idea that wages are going up is an illusion. In 1973 I bought a house in Orange country for $31,000. In 2001 I sold it for $200,000. So did I make $169,000 in profit? No! If I wanted to buy a similar house, it would cost me $200,000! But the government would tax me on the $169,000 "profit" I made on the house.

    So I gained nothing, except on paper, but I got a whole lot more bills.

    Quote Originally Posted by Judy
    That's higher prices, that's what all businesses want and need to function properly.
    No, just good sales works. Rising prices are needed when sales go down.

    Quote Originally Posted by Judy
    That's what pays the salaries, the wages, the rent, the banks, and owners and shareholders.
    If the cost of living remains the same, there is no need to jack up the prices, wages or rent. Shareholders "share" the profit. So as long as sales are up, at a fair prices, everybody makes out.

  5. #15
    Senior Member Judy's Avatar
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    Next time save your money and rent.
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    Quote Originally Posted by Judy View Post
    Next time save your money and rent.
    Why? If I rented, my payments would have constantly gone up over those years and I would have had nothing to sell.

  7. #17
    Senior Member Judy's Avatar
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    Oh! So you're happy you have something to sell. Then what's your problem?
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    Quote Originally Posted by Judy View Post
    Oh! So you're happy you have something to sell. Then what's your problem?
    All of this and you still didn't get it! INFLATION IS BAD!
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  9. #19
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    No it isn't "bad". You sound like someone who got their education from the Tee Vee. Stop embarrassing yourself.
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  10. #20
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    in·fla·tion
    inˈflāSH(ə)n/

    ECONOMICS
    • a general increase in prices and fall in the purchasing value of money.
      ==============================

      Is inflation is good or bad?


      When inflation is too high of course, it is not good for the economy or individuals.

      Inflation will always reduce the value of money, unless interest rates are higher than inflation. And the higher inflation gets, the less chance there is that savers will see any real return on their money.


      How can inflation be good for you? - BBC News

      www.bbc.com/news/business-30778491

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