Letters to the Editor

Your views in 250 words or less

Tag: inflation

March
17th

PAY: Raising wage could lead to inflation

Re: Minimum wage

It never ceases to amaze me that so many people have a complete lack of understanding basic economics.

With the exception of taxes and overhead expenses, the price of all products and services is the direct result of the cost of labor.

Someone is paid for assembling the parts to make a product. Someone is paid to make the parts to make the product. Someone is paid to process the raw material to make the parts. Someone is paid to process the soil to get the raw material to make the parts. Someone is paid to design

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Oct.
8th

JOBS: Unemployment figures are deceiving

Re: “Tacoman with experience says jobs reports are gold” (TNT, 10-8).

So John Bregger, a former Bureau of Labor Statistics supervisor, is offended by the suggestion that national unemployment figures are manipulated? According to him, the figure is derived through polls and surveys. For that to have any accuracy at all the information gathered has to be true and accurate in every respect, thus leaving the results open to easy manipulation either way.

So exactly what is wrong with basing the result on actual statistics? To think that the federal government doesn’t manipulate figures or “cook the books” is both

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April
22nd

INFLATION: Blame Fed’s disastrous policies

The government – Republicans, Democrats and the president – are all pointing fingers at those they believe are responsible for rising oil prices.

Sure, they can find scapegoats in speculators or oil producers, and sure, they can mislead the country via the media into believing such nonsense. But when one looks further one can see that not only is the price of oil rising but also gold, silver, cotton, wheat, corn and sugar.

For instance, if one were to look at the 20-year chart of cotton prices, one will see that the price  has exploded since July 2010. Commodity

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