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CNBC: The upside of inflation - rising wages

Posted on 7/8/21 at 12:34 pm
Posted by RollTide1987
Augusta, GA
Member since Nov 2009
69510 posts
Posted on 7/8/21 at 12:34 pm
Baghdad Bob would be proud of this one.

CNBC
Posted by mule74
Watersound Beach
Member since Nov 2004
12488 posts
Posted on 7/8/21 at 12:36 pm to
Wages are rising because of the private market is having to compete with public entitlements. Welfare is competing with private business for workers.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
129149 posts
Posted on 7/8/21 at 12:37 pm to
Prices of other shite rising faster than wages though
Posted by Lynxrufus2012
Central Kentucky
Member since Mar 2020
18261 posts
Posted on 7/8/21 at 12:41 pm to
Give these moron a Ph.D in uneconomics. Wages rise 3% and prices rise 5% YOU LOSE BUYING POWER.

On another front, Vote Inflation is how Joe and the Ho won.
Posted by Lima Whiskey
Member since Apr 2013
22594 posts
Posted on 7/8/21 at 12:41 pm to
That is such a shameless lie.

These people. They are truly awful. Right to their core.
This post was edited on 7/8/21 at 12:42 pm
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 7/8/21 at 12:41 pm to
I'm dizzy from all the leftist media spinning
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14372 posts
Posted on 7/8/21 at 12:45 pm to
quote:

Give these moron a Ph.D in uneconomics. Wages rise 3% and prices rise 5% YOU LOSE BUYING POWER.

'
everyone with half a brain knows this, but the sheep do not have brains, they see income go up and they think it is a win....
Posted by Zach
Gizmonic Institute
Member since May 2005
116678 posts
Posted on 7/8/21 at 12:50 pm to
Yahoo News said the same thing last week: 'Inflation is good because is shows the economy is growing.'
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 7/8/21 at 12:53 pm to
quote:

CNBC: The upside of inflation - rising wages



wages have been outpaced by the loss of purchasing power, and if you cared about owning assets like a house this discrepancy has been alarming
Posted by jbird7
Central FL
Member since Jul 2020
5606 posts
Posted on 7/8/21 at 1:03 pm to
"We are all born ignorant, but one must work hard to remain stupid." — Benjamin Franklin
Posted by Bulldogblitz
In my house
Member since Dec 2018
28158 posts
Posted on 7/8/21 at 1:06 pm to
Screw you all!!! Be happy with the 16 cents you saved on July 4!!!!

No mean tweets!!!!!
Posted by Auburn1968
NYC
Member since Mar 2019
25041 posts
Posted on 7/8/21 at 1:18 pm to
The senile sock puppet is taking advice from leftist fools who want America to follow Venezuela's example.

Posted by Mellow Drama
Making Groceries
Member since Aug 2020
4656 posts
Posted on 7/8/21 at 1:37 pm to
quote:

KEY POINTS
Although consumers may be paying more for everyday items, it’s not all bad news.

As inflation takes hold, wages may increase, too.




They really think people are THIS stupid?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94730 posts
Posted on 7/8/21 at 1:38 pm to
At one time CNBC was reasonably competent at financial reporting.

It was quite some time ago, though.
Posted by Big Gorilla
Bossier City
Member since Oct 2020
6243 posts
Posted on 7/8/21 at 1:43 pm to
The liberal spin on every topic must be talked about on one massive VTC in the middle of the night.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
79856 posts
Posted on 7/8/21 at 1:50 pm to
quote:

The upside of inflation - rising wages





This wasn't the BEE?


Posted by riccoar
Arkansas
Member since Mar 2006
4619 posts
Posted on 7/8/21 at 1:52 pm to
quote:

Welfare is competing with private business for workers.


Very few are picking up on this. Places are closing services or scaling back hours because people are drawing COVID checks that pay more than what they can make working 40 hours.

Liberals think that is awesome, but we are printing that money and sending the IOU's to China.
Posted by Vacherie Saint
Member since Aug 2015
46029 posts
Posted on 7/8/21 at 1:53 pm to
but we had record wage growth with sub 2% inflation under Trump. Why didnt CNBC celebrate that?
Posted by Mellow Drama
Making Groceries
Member since Aug 2020
4656 posts
Posted on 7/8/21 at 1:55 pm to
quote:

but we had record wage growth with sub 2% inflation under Trump. Why didnt CNBC celebrate that?


orange man bad
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orange man bad
orange man bad
orange man bad
orange man bad
orange man bad
orange man bad
orange man bad
orange man bad
orange man bad
orange man bad
Posted by stlslick
St.Louis,Mo
Member since Nov 2012
14607 posts
Posted on 7/8/21 at 2:02 pm to
It amazes me the shite they shovel to their "Educated " base.

Because, after all, Democrats are the party of the "Educated".



Never met so many dumb arse, "Educated" people in my life, when i talk to 35 and under Liberals
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