Quote:
Originally Posted by Marine1974
$80,000 a year due to inflation and the the government printing money digitally( our dollar is devalued ) is not that much when you look at what the costs are for housing, groceries, gasoline, electric, natural gas , etc etc . So in essence the middle class are slowly decreasing in numbers . I think unions are more important now than ever .
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I took micro and macro economics in college over 35 years ago, so I remember some and many things sound familiar, but I am far from an expert (or whatever the term is for the next few levels down). From a brief bit of research, I found this:
"The 5 causes of inflation are increase in wages, increase in the price of raw materials, increase in taxes, decline in productivity, increase in money supply."
From my perspective and experience, unions are a negative factor in 4 of the 5 causes.