I see a lot of folks here saying “based on inflation since X, item Y SHOULD only cost Z.” I want to point out those inflation numbers the government gives out every year are complete bullshit. Inflation has been WAY more than 30% over the last decade and a half or so (not you but someone above mentioned 30% as the inflation number since the aughts)
They change their basket of goods to artificially deflate inflation numbers, it is way way way higher than the 2% a year that they claim is the average. Add greed on top and you get the crazy insane prices we see today. For a 2% inflation to really work for everyone and not just the rich assholes then minimum wage needs to increase proportionately. Should force minimum wage up the stated inflation rate once a year. So every year min wage increases by 2% (or more depending on the actual inflation rate).
I see a lot of folks here saying “based on inflation since X, item Y SHOULD only cost Z.” I want to point out those inflation numbers the government gives out every year are complete bullshit. Inflation has been WAY more than 30% over the last decade and a half or so (not you but someone above mentioned 30% as the inflation number since the aughts)
They change their basket of goods to artificially deflate inflation numbers, it is way way way higher than the 2% a year that they claim is the average. Add greed on top and you get the crazy insane prices we see today. For a 2% inflation to really work for everyone and not just the rich assholes then minimum wage needs to increase proportionately. Should force minimum wage up the stated inflation rate once a year. So every year min wage increases by 2% (or more depending on the actual inflation rate).