Did your paycheck go up 15%? No. So who's did to cause this increase in price? Again, something smells.
This is along the same line as the ranchers in the drought stricken south have had to sell of their livestock at rock bottom prices but have you seen a decrease in the price of beef? No. Someone is getting rich and Mr. and Mrs. Average Consumer is getting the shaft.
Obama style inflation, worse than Jimmy Carter. At least with Carter, it was up front and open !
Simple solution to crappy made chinese clothes, Salvation Army!
Why would some one pay $40 for a pair of jeans that look like rags? Or cheap material that won’t make it past 3-4 washings?
Want the old worn look, buy used. But then again some of the clothes from the Salvation Army still have the brand name store price tags on them.
Would you pay $28 bucks for these jeans? Brand NEW from JC Penny’s.
I have old work pants in better shape than these, they just have paint on them.
In an inflationary economy wages lag
In many businesses, it is better to raise wages than endure the agony and expensive gamble on a new hire.
The best way to maintain a profitable albeit lower level of sales is to maintain the status quo. Some raises, same people.