3 ms·
Although it's obviously not going to happen, even if it did you couldn't afford buying that same product as a direct result of the increase in cost.
by mbroncano 10y ago
Although it's obviously not going to happen, even if it did you couldn't afford buying that same product as a direct result of the increase in cost.
- WillPostForFood 10y agoThe people picking chardonnay grapes often aren't the target consumers to begin with, but your core point is correct, wage inflation usually leads to price inflation, but it doesn't always follow that therefore the product becomes unaffordable.
- coddingtonbear 10y agoIs that really relevant, though? If the cost of having cheap food is that we create an underclass that are willing to put up with low wages out of economic desperation, is that really an acceptable moral compromise?
- Retric 10y agoOr more likely you just get automation. We don't use a lot of man hours per lb of corn. Which means even without massive subsidies it would still be dirt cheap.
- kmonsen 10y agoThis is not true, it would be true if all wages were rising but we want to increase the wages of the most poorly paid compared to highly paid people.
- st3v3r 10y agoThat's not entirely true.