Loading ...That’s a no brainer to me, possibly a no brainer for TPTB but there is a financial news black out on the reason…..
The entire workforce in under paid. Simply be cause TPTB (big business) refused since 1970 neglected to raise the minimum wage lock step with inflation. The lower low, lowers the highs too. Opposite of a rising tide raising all boats. Lower tide lowering all boats.
That was the businessman’s main objective starting in the 1970s. You could even blame their “partner” the United States labor Dept, for CONSTANTLY under reporting 7.5% inflation as 2% inflation.