newpolitics
vegan atheist indy
- Sep 27, 2008
- 2,931
- 262
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Why can't you understand this?
The price of goods is driven by the cost of producing them. If you have to pay your workers more, the price of what they produce will escalate.
This is amazingly simple, yet the great brains of the left seem incapable of, or unwilling to, understand.
Actually, it is not that simple, smart person. You are only considering the supply side. Price points are derived from the intersection of the demand and supply curve. That's Econ 101.