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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 |
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