The desire for more money when already at least one or two standard deviations above the mean salary is justifiably greedy. But it is the consequence of profligate government spending. A union with a choke hold is trying to maintain their income status.
When government radically increases spending and incurs debt to do so, it means it inc…
The desire for more money when already at least one or two standard deviations above the mean salary is justifiably greedy. But it is the consequence of profligate government spending. A union with a choke hold is trying to maintain their income status.
When government radically increases spending and incurs debt to do so, it means it increases the money supply. That increase is just the government ‘printing’ dollars. It is not income the government received. When trillions more dollars are added to the money supply, it decreases the value of the existing dollars. The dock worker union understands this and is worried about inflation from the increased money supply diminishing their incomes.
Lay the blame at the house of Biden and the democrats. Biden just sat back and let the strike occur, and he and the dem’s are behind the increase in money supply and the resulting inflation.
The desire for more money when already at least one or two standard deviations above the mean salary is justifiably greedy. But it is the consequence of profligate government spending. A union with a choke hold is trying to maintain their income status.
When government radically increases spending and incurs debt to do so, it means it increases the money supply. That increase is just the government ‘printing’ dollars. It is not income the government received. When trillions more dollars are added to the money supply, it decreases the value of the existing dollars. The dock worker union understands this and is worried about inflation from the increased money supply diminishing their incomes.
Lay the blame at the house of Biden and the democrats. Biden just sat back and let the strike occur, and he and the dem’s are behind the increase in money supply and the resulting inflation.