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Showing posts with label INFLATION 2016. Show all posts
Showing posts with label INFLATION 2016. Show all posts
Friday, May 6, 2016

Trump is right that wages are too high: The minimum wage should be reduced to $4.20 per hour, not raised, to put teenagers back to work

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Trump was right when he said during the debates that wages are too high. He was referring to our comparative disadvantage as a nation w...
Monday, January 18, 2016

The inflation-adjusted price of the average prime slave from 1860 is $44,100, very close to the 2014 raw average US wage of $44,569

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The average price of a prime slave from 1860 was about $1,500. Using the consumer price index, that's the equivalent of about $44,10...
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