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Consumer prices rise at highest annual rate since 2012​

[thehill.com]

"Economists have struggled to understand why wage growth has lagged while unemployment lingers near 4 percent and growth nears closer to 3 percent of GDP​"

Gee you think the lie that employers would use the money from tax cuts to help workers might explain this.

This is what the start of any recession or depression looks like.

MarkF 5 July 14
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4 comments

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0

It does make you wonder about Marx and who should own the means of production.

Denker Level 7 July 19, 2018
0

What’s so hard to understand about greed and indifference?

2

With Trunp at the helm, it could be not just a recession, but a new terrible depression.

2

Most employers, especially the larger ones, don't increase wages unless they're forced to.
Profits are all that matter to them.

Anyone who makes the claim that the economy is doing well is a fucking idiot.
It's only "doing well" for the wealthy. It isn't doing well at all for average Americans.

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