Bill McKee wrote:
A 25% raise in all salaries would be reflected in prices in about 10 days.

Really? Across the board? Evenly distributed in all consumer categories,
or will staples/necissities go up faster?


And the net gain would be a minus %.

If that were true, then the average standard of living would always tend
to decrease. I guess the fact that we live in air-conditioned houses,
not caves, hasn't been noticed by you?


... Bracket creep on tax charts.

Are you under the impression that being nudged into the next higher tax
bracket means that you now have less money?

... And how
are you going to raise salaries, without raising prices concurrently?


The same way President Bush raises expenditures... astronomically...
without raising revenue.

DSK