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Showing posts with the label INFLATION

The Rising Cost of Groceries: Unveiling the True Reason Why Food has Become a Luxury - Video

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Food prices seem to be on the rise, leaving many individuals and families struggling to afford groceries. In a recent video titled "Food is a Luxury Now: The REAL Reason Groceries Are So Expensive Today," Shelby Church delves into the factors behind the increasing cost of food. The video highlights the role of corporate greed in driving up prices, with a few companies controlling a significant portion of the food available at grocery stores. This control allows these companies to dictate prices and prioritize profits over the well-being of consumers. Additionally, the video sheds light on issues such as seed company corruption, egg price fi...... Read Full article on HadNews

Philadelphia’s minimum wage has been stuck at $7.25 an hour since 2009 – here’s why efforts to raise it have failed

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In Philadelphia, the poorest big city in the U.S., the minimum wage has been stuck at $7.25 per hour for the past 15 years. That’s the minimum wage everywhere in Pennsylvania, and it matches the federal minimum wage. However, minimum wage workers in other big American cities earn significantly more: $16 an hour in New York and $15 an hour in Boston, for example. If Philadelphia’s $7.25-per-hour minimum wage were to keep up with inflation alone, it would need to be raised to at least $10.38 today, according to the federal Consumer Price Index inflation calculator. We asked Michael O’Bryan, founder of the Wealth and Work Futures Lab at...... Read Full article on HadNews