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? asked in Politics & GovernmentPolitics · 2 months ago

Do people who want unlimited stimulus checks and minimum wage increases not understand the concept of inflation and rising operating costs?

What's so hard to understand that the more of something that there is and the easier it is to obtain, the less value that it has in the market place? Why do people pay $300,000 to have a house built instead of doing it themselves? Why do you pay $1000 for an iPhone instead of making one yourself?

6 Answers

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  • Zirp
    Lv 5
    2 months ago

    If you would understand inflation, you would be advocating legal MAXIMUMwages and abolishing interest, dividend and CEO-bonuses

  • Anonymous
    2 months ago

    Inflation and interest rates have never been lower in human history. 

    The relative costs of goods has never been cheaper because of economies of scale. 

  • 2 months ago

    Democrats have zero economic knowledge. We do not need more wasteful spending. We need tax cuts, deregulation, and legal protections for our job creators and businesses. 

  • 2 months ago

    The Republicans spent $2 trillion on the F35 jet, a boondoggle that we still aren't even able to use.  They pushed us into wars in Afghanistan and Iraq which cost $2 trillion and killed 600,000 people and produced nothing of value.  They gave the rich $2 trillion in tax cuts, with the usual false promise that it would somehow trickle down to make us all rich.  Now Biden wants to give $1400 to hard-working people who actually need it, and the Repubs scream we can't afford it.  OR lie about it being 'unlimited' just to muddy the waters.

    We only get a Democratic president these days after a Republican president runs the economy into a ditch.  None of this would be necessary if Trump had an ounce of competence, if he'd listened to his experts, if he wasn't just totally focused on concentrating wealth and power, including his own.  More than half our national debt came under just the 4 Republican presidents since Reagan, the same ones who ran on budget discipline and fiscal responsibility.

    The Republicans have done a pretty crappy job for this country.  So we decided to put the Democrats in charge for a while.  Who do you guys have to blame but yourselves?

  • 2 months ago

    They think as long as the mysterious white male devil is forced to pay for it, everything should be free.

    As for economic science behind it, there is a reason most liberals major in gender studies and not engineering. Don’t expect them to understand that part.

  • Anonymous
    2 months ago

    Wait to they are paying $10 for a dozen of eggs.

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