Sunday, April 2, 2023

inflation mystery

Wwrote that medical costs couldnt be contained.THE reason was that most cost is labor.THE Democratic party unfortunately  wanted labor costs thruout the economy to rise.Labor cost are 65% to 75% of all costs. As labor costs rise they show up in increased prices or else companies go out of business.Small increases in labor costs  raise prices and increase inflation.ITs really simple. 

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