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To: Toddsterpatriot
Wage pressures, as measured by unit labor costs, slowed to an annual growth rate of 1.4 percent, slower than the initial estimate that labor costs were rising at a 2.1 percent rate.

Ahhhhh! Joy to capitalists every where.

...developments that should reduce inflation worries.

Yep. Those milk and gas prices should be dropping like a rock. Propane and heating oil, too.

4 posted on 09/06/2007 6:17:38 AM PDT by raybbr (You think it's bad now - wait till the anchor babies start to vote.)
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To: raybbr
Ahhhhh! Joy to capitalists every where.

Sadness for socialists like you.

5 posted on 09/06/2007 7:00:04 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: raybbr; Toddsterpatriot
Dang Ray, you're fast!

Here I was all set to organize some kind of office pool over why and how this latest news was to be proven "bad", and you had to go ahead and spoil everything by giving out the answer before the rest of us had a chance to guess.

My personal guess was going to be "productivity will cause lay-offs", but I got to admit that your "capitalists not sharing the profits" routine is a lot more creative.

Next time maybe...

6 posted on 09/06/2007 9:55:51 AM PDT by expat_panama
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