Well there comes a point where those who work are just working for those who don't work. There is going to be more, and more retired people as the population ages. The thing is the unemployment rate is only like 5% and most of them don't want to work.So supply and demand kick in as places try to find people they have to pay more to get them. This also drives the price of things up. And many people don't realize the overhead of running a business. Taxes, work comp, building, materials, more taxes, advertising, insurance, maintenance all add up and keep going up, and with a few lazy employees it doesn't take much to eat up that little bit of profit, assuming there was any made in the first place.
thats not entirely correct at least not in the US. The unemployment number in the US is ficticious. People are only counted as unemployed for the length of time they are eligible to collect unemployment. Many have been unemployed far longer than that time period driving that number well into double digits. the guv never tells y9ou the whole story and like everything else its for appearance sake, to give the impression they are doing a good job for us by their using of a small slice of a samplewhich does not represent reality.
Not to drift too far off, but here is some food for thought for you all at whats been going on behind the scenes right under everyones noses which undermines the whole system we think of as government.
US Government's true wealth exposed
The Government owns it all by investment.
Government's Statement of "Net Worth" - Budgets are for the "Year" CAFRs are what developed
since the beginning!
Decades if not over a century of investment, income wealth amassed from that local government
www.CAFR1.com
The guv itself drives inflation. Read the statements for your state but put a pillow on the table so when your jaw hits its not so painful. Since we are talking about shooting one foot may as well take notice of the hole in the other one.
Check this out and listen to them apologize for that bleeding edge these people operate giving them 'plausible deniability' (Like Hillary)
https://www.youtube.com/watch?v=bZusXT-ftZg
Edited by
LittleLeftofRight
on Thu 12/01/16 10:54 PM