Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle.

“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.

normal way to talk about ‘fellow’ human beings

  • SkepticalButOpenMinded@lemmy.ca
    19·
    10 months ago

    That’s actually even more depressing. The legal minimum wage is so low that it’s not even lifting up the wages of the most modest jobs in the lowest COL areas. It functionally doesn’t exist.