A survey has found that abortion has passed inflation to become the top issue in the presidential election for women younger than 30. That’s a key finding of a KFF survey of female voters with results released Friday.
A survey has found that abortion has passed inflation to become the top issue in the presidential election for women younger than 30. That’s a key finding of a KFF survey of female voters with results released Friday.
Price increases seem to take long residence in people’s minds. Prices are noticeably way higher than in 2019. Whether wage increases make up for that is kind of beside the point, psychologically. Collectively, big price hikes are traumatic.
Economists correctly talk about inflation as a rate of price increase, and they correctly consider real wages as a useful metric of well-being. But economists are academics and we use the word “inflation” in a colloquial sense, in a politicized real world, where it means “I have noticed that prices rose is recent memory and every time I go to the store I feel cheated.”
But to be clear, it’s not in my top 10 either (mine starts with climate, democracy, and freedom). Just sharing how I see the disconnect on inflation as a hot topic.
I agree. I think people are rightfully frustrated with the price of goods and services right now. But it’s really not in control of the government. It should be, but regulation is highly unlikely in our late stage capitalistic world. So I feel the media is portraying inflation as something that should be of concern this election. But it really isn’t. As you mentioned, freedom, the climate, project 2025 and others should be most important.
Well minimum wage should be keeping up with inflation. If everything gets more expensive and then suddenly isn’t, it doesn’t really help anyone until everyone also get paid more.
But that’s more of a local government thing. I think we’re getting something like that on the ballot in California, but poor red states probably don’t have a chance in hell of passing stuff like that for themselves.
Absolutely true. Minimum wage is in governmental control and needs to go up with the increased costs of goods and services. But as you mentioned, probably not happening in the states that need it most.
Correct me if I’m wrong, but isn’t minimum wage a state law, not a federal one?
Absolutely be angry at the government for not increasing it, but target that anger at the appropriate level of government.
There are both federal and state minimum. Federal is $7.25 since 2009
Hard disagree. Capitalism isnt just “rich old white guys getting richer” - it’s a way of letting markets flex and adjust on the fly. Supply chains and markets are way too complex for the government to simply control.