Progressive Politics

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Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

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Do you agree with this? (lemmy.zip)

submitted 1 day ago by favoredponcho@lemmy.zip to c/progressivepolitics@lemmy.world

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[–] plyth@feddit.org 1 points 10 hours ago

Things only cost more if the people pay more. With spending discipline, people could have had actually more. Most things are industrially produced. Supply likely was no bottleneck and the increased demand could have been matched.

The implication is that people already own everything that they can buy. Wage increases only increase inflation. Fighting for higher wages only increases the prices.