Good article. I hope my cheap company will increase our salaries when inflation hits. I have a feeling I will have to change jobs to get a raise.
And everyone else will be doing the same thing, so the pressure will be on employers. Historically wage and price inflation have soared in tandem, but you never know. Jobs are awfully tough to come by. Hopefully we don't experience a decoupling of wages and prices.
why think it will be any different?
they've changed the CPI that it does not reflect true inflation....
not only that, but people usually don't get raises every month or day..they get them once a year and that goes for COLA as well....
I see the American worker falling very much behind...