Loading ...If this is true, than inflation in the Consumer Price Index, will need higher inflation in wages. If wages don’t keep up or pass the CPI, then its a net deflation in wages, and they will spend less money and drag down businesses.
And look at these groups of people going into stores and stealing everything? Whats with that crap? They don’t make very much money. Plus, they want cheap things they can sell to the public on line like dept store importers do. Dirt cheap from China.
Well, the robbers that have low wages from globalization and outsourcing are now getting free stuff to sell.