Don't challenge Doug, he is our resident expert in economics. And if you
don't believe me ask him and he will tell you so.


"Starbuck" wrote in message
news
Doug,

If we raised everyone salary 25%, the net income gain in spending power
would be 0%. The only way you get a net increase in spending power is
with a corresponding increase in productivity. Without the increase in
productivity, inflation will offset any increase in salary.


"DSK" wrote in message
...
Bert Robbins wrote:
There will always be people at the bottom of the income scale. You may
not like it but it is a fact.


Yep. Jesus said so! But why do you think Chuck doesn't like it (the fact
of poor people, not necessarily being poor himself, which I know for a
fact he ain't).

Now, if those people at the bottom of the income scale work hard and
are ambitious then they will work themsleves up the income scale.

Maybe. It's a chancy thing. It's much easier and more certain to move to
the capitol (state or national) and suck up to those in power. That way
you get juicy profit-guaranteed contracts & immunity from prosecution.

DSK