Which is why the original poster is wrong. For the most part there won't be inflation of salaries. Obama will make sure some union salaries go up (at the cost of jobs) and will hire a LOT more government employees at inflated salaries (he will also bail out blue states so they can do the same). The biggest change will be a large increase in government dependents. At some point social security and disability will be greatly increased to reflect inflation in prices. Then more people will "retire" or become "disabled" simply to survive. At some point the government salaries and transfer payments will exceed the private sector, then the printing presses can be turned on full blast.
“Obama will make sure some union salaries go up (at the cost of jobs) and will hire a LOT more government employees at inflated salaries (he will also bail out blue states so they can do the same).”
That’s right; there is no reason to believe our masters will increase salaries to deal with inflation (there is no incentive for them to do so). It will make foreign workers overseas more attractive (good-bye more jobs), and for work that can’t be moved it will make illegal aliens (possibly “amnestied”) more attractive. Nobody can seriously look at the wage (and benefits) issues today in the US and possibly think we’re getting a raise to combat inflation.
A shrinking number of American workers are in a position to “name their price”, and forces are already at work to replace them with Asians (even importing & educating the Asians here to do it). As this past election demonstrated, this bodes ill for the country.