After all these decades these economic ignoramuses have never figured out that increased costs forced by the government through more regulations, increased minimum wage, taxes, etc ALWAYS get passed on to to consumer. They always seemed shocked that business don't just say "oh well, I guess we'll just make less profit"
After all these decades these economic ignoramuses have never figured out that increased costs forced by the government through more regulations, increased minimum wage, taxes, etc ALWAYS get passed on to to consumer. They always seemed shocked that business don't just say "oh well, I guess we'll just make less profit"
Usually goes something like this...
"Consumer prices rose unexpectedly for the 3rd straight month ..."
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