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Reply #68: Strongly disagree. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
raccoon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-30-06 02:00 PM
Response to Reply #14
68. Strongly disagree.
"inflation was caused mainly because of the minimum wage."

Minimum wage has not nearly kept up with inflation over the past few decades.

Contributing factors to inflation include the '70's oil shock and the US trying to fund the Great Society and the Vietnam War at the same time.

Not to mention costs of prescription drugs. And higher ed. I can tell you right now the increased costs of tuition aren't passed on to the rank and file. At least not in this "right-to-work" state.

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