A grown adult with a small truck, (wasting gas) just drove up in front of my place, and put a Bobs Store circular in my mailbox. The much lower paid burger flipper works a LOT harder all day than a “delivery boy” mailman.
Every body MOANS when they hear about a burger flipper getting a raise. “Oh geez the burger is going to cost $12.” No it won’t. The owner will make less profit. They can’t raise prices.
Well, what about your various taxes? Village county, state, federal? Nobody complains, probably because 50% of the population works for and gets well paid by the taxpayers. They actually pay taxes to themselves.
This whole financial system regarding values of many things is all distorted. The system has been “worked on” so many times and the condition is getting worse and needs to be replaced with a new one. This system is like a car with 300,000 miles on it but it half ass runs. 🙂
Also, picture the whole global economy as a CAR, and picture the USA as the “Battery”, and the battery after 50 years of abuse needs to be replaced instead of keep recharging it so many times. This is why they are hell bent in stimulating the US economy.
The global economy simply needs a new battery. Even for China to continue doing good.