Instead of forcing some people into unemployment wouldn't raising taxes a little bit on everyone have the same effect?
Re:
by happymellon on Saturday October 29, 2022 @05:54AM
(#33382548)
Yes, but the people who raise taxes are not the people who understand economics.
Precisely. The less money people have the lower prices have to go for sales to be possible so increased unemployment is a downward force on prices but isn’t all that successful right now when there’s also a massive skilled labor shortage in the vicinity of record expansions of the money supply.