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Posted by: joeblowe 1 year, 8 months ago
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joeblowe1 year, 8 months ago
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I don't think this is going to come as a "news" item to most people. Sure, I get a bit of a raise every year. So what? This last while the cost of fuel, food, INSURANCE, energy -- have all HANDILY outpaced my salary increases. Why does this happen? Businesses don't want to give away money to employees. We NEED Henry Ford back again. About the only thing in the plus column: When employees don't get salary increases to match or exceed price increases, there is less inflation. If I were getting the 20-40% increase the health insurance companies have been getting lately, imagine how much more my company would have to charge it's customers. Just like the increases due to fuel costs, everything would inflate. Around and around and around it goes until inflation is at 18% and everyone is in a panic.
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