4 ms·
Is wage inflation the only part of inflation? You are not answering the question. Let me reformulate: How do you reduce general inflation without hitting jobs?
by cscurmudgeon 4y ago
Is wage inflation the only part of inflation?
You are not answering the question. Let me reformulate: How do you reduce general inflation without hitting jobs?
It is okay to admit this is logically not possible.
> This is a non sequitur
It isn’t :)
- lapcat 4y ago> Is wage inflation the only part of inflation? No, there are many factors. The supply chain plays a big part, as we've seen during the pandemic. Corporate profiteering also plays a big part. > How do you reduce general inflation without hitting jobs? I'm not answering the question because I'm not committed to reducing "general" inflation. I'm happy to increase wage inflation, especially at the lower end. I would like to reduce specific forms of inflation, for example, health care cost inflation and school tuition inflation. Whether costs should go up, down, or stay the same all depends on the specific product.