Gas price hike & why..

Started by Bande, May 27, 2022, 04:35 PM

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bats

Quote from: Romanticlover on Jun 30, 2022, 07:14 PMIt would be cool if people searched Google:

https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp#:~:text=Key%20Takeaways-,Inflation%20is%20a%20measure%20of%20the%20rate%20of%20rising%20prices,pay%20more%20for%20the%20product.
You said raising taxes and the minimum wage leads to inflation. The article you linked to didn't say anything about the inflationary effects of raising the minimum wage, and it said that reduced taxes may cause inflation by increasing demand.

The article did discuss a relationship between inflation and increased wages broadly, but that's much different from saying that increases in the minimum wage cause inflation.

Nice try?

Romanticlover

Stop being a troll and do some reading:

https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp

I'm done with this topic, enjoy your $6 a gallon gas and pitiful rebate.
Are we having fun yet?

bats

Quote from: Romanticlover on Jun 30, 2022, 07:29 PMStop being a troll and do some reading:

https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp

I'm done with this topic, enjoy your $6 a gallon gas and pitiful rebate.
LOL. Do you even read the articles you link? This article concludes that there are conflicting views about whether increases in the minimum wage lead to inflation.

thaikhan

Quote from: Danno on Jun 30, 2022, 04:13 PMguess math isn't your strong suit, ca gas tax is 51.2 cents, the increase is tied to inflation



Here you go since you don't want to tell the whole story.

https://ktla.com/news/taxes-fees-make-up-1-18-per-gallon-of-gas-in-california/

thaikhan

Quote from: Romanticlover on Jun 30, 2022, 07:29 PMStop being a troll and do some reading:

https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp

I'm done with this topic, enjoy your $6 a gallon gas and pitiful rebate.

You do know this is a standard ploy by most politicians, specifically Democrats who like to use and abuse people for their gain and then throw them away when they're done with them.  The rebate is similar to the stimulus ploy in which a small some was given back to people because they know people are dumb enough to be bought and distracted.  It's why you see their rabid fanbase defending them while they get rimmed up the ass.