Loading ...Inflation is no problem, if the country has a lot of work to do, and our businesses profits and employee wages keep up or surpass the inflation rate. Thats how it was thru the 50s and 60s until 1972, you could quit your job and get another one in a half hour with higher pay.
After they took the Dollar off gold in ’71, and the dopey dollar dropped, oil and everything we up in price, and they stopped raising the minimum wage. At the same time our anti American Gov’t rigged everything so our jobs went off shore so we could import cheaper products. Naturally thats when the wives started working and doubled our workforce.