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Brown Cafe UPS Forum
UPS Union Issues
TRUMP'S LABOR PICK ?
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<blockquote data-quote="bbsam" data-source="post: 6020446" data-attributes="member: 22662"><p>Let’s take everything you just wrote and agree to all of it. I was simply going by reported numbers. What is Trump proposing that makes any of it better? The numbers you see aren’t going to go down because that’s not what capitalism is aimed at. The Federal Reserve aims to keep inflation between 2 and 3%. It doesn’t matter to them if incomes rise along with inflation. </p><p></p><p>Personally, I don’t think the problem are political. They’re economic. Or, “It’s the economy, stupid!” But capitalism is way out of balance. Neither Washington nor Wall Street want prices to come down. That’s deflation and in their minds far more destructive to the economy. The rich get richer and the poor and what’s left of the middle class will pay for it. Rinse and repeat. Because corporations are people too!<img class="smilie smilie--emoji" loading="lazy" alt="😂" title="Face with tears of joy :joy:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f602.png" data-shortname=":joy:" /></p></blockquote><p></p>
[QUOTE="bbsam, post: 6020446, member: 22662"] Let’s take everything you just wrote and agree to all of it. I was simply going by reported numbers. What is Trump proposing that makes any of it better? The numbers you see aren’t going to go down because that’s not what capitalism is aimed at. The Federal Reserve aims to keep inflation between 2 and 3%. It doesn’t matter to them if incomes rise along with inflation. Personally, I don’t think the problem are political. They’re economic. Or, “It’s the economy, stupid!” But capitalism is way out of balance. Neither Washington nor Wall Street want prices to come down. That’s deflation and in their minds far more destructive to the economy. The rich get richer and the poor and what’s left of the middle class will pay for it. Rinse and repeat. Because corporations are people too!😂 [/QUOTE]
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