To: Olog-hai
In order to raise wages services and products prices must go up. In other words no real change in buying power.
2 posted on
12/31/2018 5:52:13 AM PST by
Retvet
(Retvet)
To: Retvet
And a trend towards degradation of purchasing power too.
4 posted on
12/31/2018 5:56:00 AM PST by
Olog-hai
("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
To: Retvet
Possibly less buying power if a higher percentage of wages get taxed.
5 posted on
12/31/2018 5:56:29 AM PST by
teevolt
To: Retvet
In order to raise wages services and products prices must go up.
...
When the wage increases are done by decree rather than due to the market or productivity increases.
24 posted on
12/31/2018 6:42:54 AM PST by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: Retvet
You are not factoring in that as wages go up the need for public assistance goes down.
35 posted on
12/31/2018 7:46:32 AM PST by
central_va
(I won't be reconstructed and I do not give a damn)
To: Retvet
Eggs-actly. No increase in buying power. However, a decrease in the value of your savings account.
43 posted on
12/31/2018 8:34:19 AM PST by
bgill
(CDC site, "We don't know how people are infected with Ebola.")
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