"Slow wages are good for migrant workers."

Liang Yizhi

On the 13th, the mainstream media "Politician" News Network published an article entitled "Slowing wages and slowing wages, which is a good thing for workers." It didn't take long after the article issued a fierce discussion on the US network.

Picture source: Screenshot of Twitter Netmen

The analysis of this article believes that there is a serious price increase in the United States. If the wages of American workers continue to rise at this time, it will inevitably lead to rising production costs of enterprises and further pushing prices. This article believes that the salary of workers is not to be treated for the time being, which helps to balance the prices of the United States. In the end, it is the working class.

In economics theory, there is a special word describing the above phenomenon, called "cost promotion inflation". At first glance, this article is quite theoretical. However, this set of analysis has two very fatal flaws.

First of all, the analysis of this article is based on the assumption of "wage cost is the main reason for price increases". Even if you look at the economic theory alone, this assumption may not be established. In addition to the income of workers, many factors such as rental, warehousing, and financing costs will affect prices. Compared with other factors, workers will be used for consumption, which can drive demand to boost the economy, and the wages of workers may not be all costs. The highest.

Based on this, when there are so many reasons that lead to rising prices in the United States, as a mainstream media, the "politician" news network single picks out salary for things. "Dilemma. What made these netizens even more angry was that after the original title caused controversy, the performance of the "Politician" News Network was very "head iron". They changed the title to "A Good Signal for Inflation" for the Federal Reserve.

No matter how you change it, this article is emphasizing "the cost of recovery in the United States", and then let the labor class be the "cost". The scene is like the classic emoticon package below:

In the comment area, the scolding of American netizens is very consistent: "Why does the cost from the compression of the migrant worker so that the capitalists make less cost?"

One of the messages was supported by most readers. The US netizen suggested: "The wages of those who issued this article should be deducted from part of the wages of those people who have issued this article to let them live in our working class in a few years. Know how much 'good'. "

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