Under Trump, employment reached supersaturation and big companies were forced to raise wages in order to attract an increasingly competitive workforce. Repatriation of money helped spur this and increased investment even if it wasnt dramatic.

This post was edited by EndlessSky on Oct 5 2021 10:26am

fast food people getting 15$/hour rn, Biden wins again. tired of all the winning?

You already did that for me LOLOL

The corruption exposed in the papers is not just private enterprises offshoring. It's also lots of government entities engaging in horrendous corruption and going out of their way to allow it.

The president of Kenya just pocketed a 750 million loan meant for the country I think that's pretty funny how brazen it is.

Labor participation numbers are still low. Half of the workers are getting nothing and companies know they can underpay new workers until unemployment runs out.

$15 means nothing when houses cost $700k now thabks to oil and lumber embroglios.

So why did Trump decide to raise lumber prices from $500 to $900? Take that up with your god emperor.

https://tradingeconomics.com/commodity/lumber

your talking points are dated af boi

A full 50% higher than under Trump. Which makes sense because Gasoline is also 50% higher.

we're at the exact same level as may 2018 under Trump. indeed it's fairly pegged to gas prices, which are sometimes driven by US policy and other times we're at the whims of OPEC.

in any case the spike was a price gauge capitalizing on short term supply chain disruption. it never should have gotten as high given supply market factors, its was behavior based because with the drastic numbers of people at home demand went through the roof with renovation projects.

The lumber hikes were largely from distribution chain problems, not cost of lumber production. Didn't know Trump had a personal hand in the prices?

This post was edited by RedFromWinter on Oct 5 2021 12:05pm