there is an inflation problem. it s walking hand in hand with inflation. what you are seeing is inflation probably rising faster than wages. the short term is that wages are keeping track with inflation. sandra: not so much. hold on. hourly wages up 4.8% year over year. okay. sandra: and inflation is up 6.2%. wages are trying to catch up. that s the latest reading. that s a great point. we have wages trying to keep up with inflation. if wages are not higher than inflation, what is going on you are getting a wage decrease if they re not keeping track with consumer prices, the price of gas and everything it takes to live. this is not mean old charlie. sandra: you said you are
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companies to hire people for what they can afford and help them to remain profitable. they are going to hire more and pay more. interesting, and so rick, eliminating might help hike wages in the long run. we are getting to a point where small children are going to stop brushing their teeth and cleanning their roomm because it is it bad for job growth and wages. i tell you what, unskilled workers in this country will not suffer a wage decrease. but they will have more money in the pocket to spend and become customers. small employers are saying if my minimum wage goes up i will not hire more people because i can t afford them. in my home state of the north dakota, there is an oil boom and in a town in