[Always Right]

Thanks for the excerpt, but what I found more interesting is what you conveniently did not excerpt.  From Kotlikoff paper:

......FairTax.org-sponsored research acknowledging that wages must fall if consumer prices don’t rise and that consumer prices must rise if wages don’t fall

Thanks.  I have been called a liar well over a 1000 times by fairtax supporters for stating that fact.  I am glad Kotlikoff publicly acknowledges it, because very few fairtax supporters do.  Appologies accepted.

[Always Right]

See post #9. I never knew Kotlikoff has come out so cleanly that wages must fall for prices not to rise. But there it is.