Categories
Uncategorized

Fox comes out against higher worker wages, because what’s good for American families is bad for conservative politicians

Modern conservatives hate free-market economics.  They claim they’re for it, but look at what they do, not what they say.  They continue to push protectionist trade policies, and they supported Donald Trump’s lost trade war that saw our trade deficit increase a net $70 billion in his first three years in office on top of the tens of billions in subsidies he gave to the steel and ag industries to compensate their shareholders for his disastrous policy.

The Fox propaganda network’s business channel also exhibits its hatred of the Free Market when, according to its rules, the price of things goes up as its supply drops; that’s a basic theory of the policy, “the law of supply and demand.”  And boy, those conservatives really get annoyed when the thing in short supply is labor, and the labor shortage leads to higher worker wages.  That’s something conservatives cannot support–corporate profits being wasted on worker pay–and they want you to know how bad it is that workers are being paid more.

“But what’s troubling about this low jobless rate is the rapid rate of wage inflation,” a talking head on Fox Business asserts, arguing that people making more money is a bad thing for the economy.  “It’s now running at four-and-a-half percent,” he laments as he goes on about how a tighter labor market in the future will lead to “faster wage growth and that’s going to be bad news for inflation,” saying that wage growth must be cut by at least one-third to get inflation under control.  Because nothing says “fighting for the votes of America’s working class” like decrying higher take-home pay.  (Oh, and 4.5% wage growth is still higher than the 3.1% inflation rate, meaning working families enjoy greater purchasing power.

Created by potrace 1.16, written by Peter Selinger 2001-2019

Orange Ayatollah celebrates regular Ayatollah’s demise

34 minutes ago

Ayatollah confirmed dead: Israelis

2 hours ago

Thank you for your attention to this matter

7 hours ago

Israeli intel thinks Ayatollah dead

8 hours ago

Presidential address canceled

8 hours ago

Tulsi should probably delete this

9 hours ago

“All I want is freedom for the people”

9 hours ago

K$H greatly angered his Orange Messiah over Milan trip

23 hours ago

WATCH LIVE: Demented old slob rants at Texas “energy” rally

1 day ago

Orange Baby freaks out at tech CEO’s refusal to supplicate to him

1 day ago

Islamabad claims 297 Taliban dead in so far in war

1 day ago

Fox News catches Energy Secretary drawing solar power

1 day ago

DHS announces plan to build gulags in flood-prone areas

1 day ago

Marketing wizard commands his thrall to rebrand their vaporware

1 day ago

Fat Hitler claims he’s “exonerated,” wants to “take over” Cuba, etc

1 day ago

NOS-huffing maniac wanted in Pennsylvania for torching house to kill phantom spider swarm cuffed by NYPD after crashing U-Haul

1 day ago

NASA adds a second Artemis Lunar test mission

1 day ago

Suppose it was only a matter of time…

1 day ago

Colombian pro-Trump party lawmaker’s son finally deported

1 day ago

Mike Johnson says Republican’s health situation may be “terminal”

1 day ago

Cabinet secretary’s wife says Trump “too cozy” with commie tyrant

1 day ago

House schedules grueling two-day workweek in DC

1 day ago

Wholesale price index crushes expectations in January

1 day ago

Ivanka’s backup somehow significantly more unqualified for job

1 day ago

Heartbroken Florida man wasn’t suicidal, just kinda stuck in mud

1 day ago

Palestinians overtake Israelis on American sympathies: Gallup poll

1 day ago

Huckabee tells Americans to GTFO of Israel

1 day ago

US laser shoots down US drone on US soil

2 days ago

Pakistani jets bomb Kabul

2 days ago

Byron Donalds disagrees with Stitt fact-checking MAGA bullshit

2 days ago

Indiana school bus driver manages incredible four year streak of drinking on the job without getting caught and immediately fired

2 days ago

Netflix capitulates in WB bidding war

2 days ago

WATCH LIVE: Hillary unbowed by Comer’s dumbassery

2 days ago

Stephen Miller “repelled” by Noem-Lewandowski affair: book

2 days ago

Tampa International Airport’s Crocs ban sadly just a joke

2 days ago

Zohran comes out victorious again

2 days ago

Convicted attempted murderer accused of succeeding on cellmate

2 days ago

Trump kayfabes a world where he obeys court orders

2 days ago

Surreptitious shot, consequential chaser

2 days ago

New Doritos Protein to boost Doritos eaters’ athletic edge

2 days ago

Orange God Emperor hears out “Stop the Steal” assclowns’ plan for him to declare “national election emergency” ahead of midterms

2 days ago

WATCH LIVE: Trump sends JD to lie to voters about US economy

2 days ago

Los Supremos again postpone Carroll v Trump conference

2 days ago

“Prosthetic butthole” dominating entertainment news coverage

2 days ago

Biden didn’t release those missing FBI interviews either, libs

2 days ago

State of the Union ratings lowest ever for Trump

2 days ago

DINGUS RESIGNS: Thran to be sworn in as acting mayor

2 days ago

House Republicans can’t stand being associated with sick sex pest

2 days ago

WEF chairman quits over Epstein ties

2 days ago

Cubans claim Floridians were trying some mini-Bay of Pigs

2 days ago

x
x
x
x
x
x