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To: ninenot
and while anybody can get a raise of 3-4%, if the COL increases by same or more, that's a REAL wage decrease.

Which I subsequently demonstrated - average wages went up 1.8 percent last year, whereas inflation increased about 2.2 percent. But Southack assures me that I am wrong for saying that's a net decrease. And, considering that government average incomes went up by 4.9 percent, the average salary in the private sector went up by only .8 percent - or about 1.4 percent BELOW the rate of inflation. But according to Southack, I'm all full of it.

Someone help me to to understand Southackenomics, please. Must be that new math.

559 posted on 08/01/2003 10:33:24 AM PDT by dirtboy (haWho's that big cat I saw roaming around here again? I thought he went extinct...)
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To: dirtboy
Well--spinners can't be bothered with facts.

Just looking at "tax freedom day" since 1950 or so will give most people the understanding--since then, the tax burden has gone up so that instead of a late-February date it's now a mid-May date. That's about 3 months, or 25% of a year.

And Regs burden now requires about 8/10ths of the work-year for the average Joe to pay for the cost of REGS--safety this, "green" that, EEO this, ERISA, etc., etc.

You pay for those regs every time you buy a slice of cheese...
563 posted on 08/01/2003 10:40:58 AM PDT by ninenot (Torquemada: Due for Revival Soon!!!)
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