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Wage inflation, the Federal Reserve and Criminal Republicans.

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 11:36 AM
Original message
Wage inflation, the Federal Reserve and Criminal Republicans.
If you're a CNBC watcher, you've probably already noticed a little used term, getting used today called "wage inflation" What is wage inflation, you ask? Well, let me put it in terms, so simple, that even a Republican voter can understand.

If you got a raise this year, it's not a GOOD THING! No, it's INFLATION and that's a VERY BAD THING! I know it's hard to believe that your raise is BAD FOR THE ECONOMY! But, as far as the Fed is concerned, IT IS! In fact, you raise is SO BAD FOR THE ECONOMY, that the Fed may have to raise interest rates again. They are very worried because to many people have gotten raises.

So! Do CEO's raises cause inflation? Well NO! Not exactly! When rich people make more money, that's called "GROWTH". When the little guy makes more money, that's called "INFLATION". Fat cat's raise "growth" and GOOD for the economy. Little guy's raise "inflation" BAD for the economy! UNDERSTAND NOW?

Criminal Republican Alert:

If you're wondering why the Republicans are having a hearing on corporate crime today, it's because they're "SHAKING DOWN" the donors.
They want MO MONEY MO MONEY. Shake shake shake, shake shake shake, shake yo booty, shake yo booty.

Basic law of nature: Republicans are by nature, lying, thieving, selfish, greedy, rotten flesh-eating maggots, SOOOOOO!!!!
When Republicans fight crime, they create more crime. Because...They're CRIMINALS and every criminal action, causes crime.

Back to the Federal Reserve. The Fed is squeezing "EXCESSES" out of the system. That means if you still have food on your table, they still have work to do and never forget, THERE ARE NO EXCESSES AT THE TOP!

Have a nice day listening the TERRA king babel!
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 11:41 AM
Response to Original message
1. OH my! You hit the nail on the head with that opening paragraph. The
Edited on Wed Sep-06-06 11:42 AM by applegrove
part you missed out on was that they figured out how to stop rampant inflation in the early 1990s. They just raised the interest rates and the stock market when down. That was while there was full employment (sorta).

It used to be that everyone fought inflation together with a mini-recession. Now.. wage earners are doing the heavy lifting. And the stock market keeps roaring along. I cannot for the life of me understand why if the workers are carryiing a much heavier load in keeping the economy healthy.. I cannot understand why the rich have not given into Universal Health Care as a covenant between them and the wage earners. Sorta "We've got your back and you have ours". Something the Democrats will institute when they get into power. As they go back to mini recessions to fight inflation.. so that all Americans share in opportunity and opportune times.

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 11:50 AM
Response to Reply #1
2. Mini-recessions were just the beginning. Just like mini-diet plans.
Edited on Wed Sep-06-06 11:57 AM by Joanne98
We didn't lose enough weight yet. What we need is a good ole starvation diet. A great great great depression. That will squeeze all the "EXCESSES" out of the fat and lazy workers of America. Then all the "excesses" will go the to TOP, where the poor, hardworking, flesh-eating maggots live. The fat get fatter and the poor get INFLATION ADJUSTMENTS!
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 12:18 PM
Response to Reply #2
4. Those long recessions were caused by inflation. The 1977 till 1990.
That was awful. Remember the mini recession of 199?. Bet you don't . It killed inflation and the job market expanded for a decade.

Inflation does exist. It kills the middle class. You do have to fight it. But wage earners should not be doing it alone. Which they are under Bush.

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 12:45 PM
Response to Reply #4
6. I think we should fight inflation too. But it doesn't look like to me
that's what we're doing. Gas, food, energy and healthcare all going UP! But the fed is only concerned with WAGE inflation and gas (a little). This is BS!
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 12:12 PM
Response to Original message
3. kick
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 12:28 PM
Response to Original message
5. Right now the wage earners and middle class are doing all the fighting
of inflation over a long period of time..rather than a short recession that would include stock-holders fighting inflation ... for like 6 months. By fighting inflation with lower salaries & outsourcing - it allows for a war to continue, debt financing, and endless runs of the stock market for the people with excess cash.

See here what making people fight "wage inflation" over 5 years has done:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x2061990
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 12:47 PM
Response to Reply #5
7. Elaine Chao belongs behind bars!
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 01:43 PM
Response to Original message
8. kick
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