[RockyMtnMan]

If we work for less money then we will spend less money. Corporations have become accustomed to a market of extreme buying power. Why would we knowingly reduce the buying power of the most powerful buying machine on the planet?

If white-collar America earns less, then fewer taxes are paid. If fewer taxes are paid then everyone else has to make up the difference or government has to trim down (not gonna happen).

[garbanzo]

If we work for less money then we will spend less money.

So we're entitled to the job we want at the wages we demand? Exactly when did this happen - and what happened to the free-market? And why was it that we rebuked labor unions when they demanded it? Why exactly was it that we opposed the minimum wage? I guess it wasn't a problem when it happened to someone else.

[Final Authority]

The industries that are price stable are those that are largely subsidized by Government programs such as the medical industry, pharmaceuticals, and at least in the past, aviation. If Government didn't require auto insurance wouldn't there be a price war too, like in NH where auto insurance isn't mandatory yet? I was thinking the other day, how many more years will it be when the average public school teacher is the highest paid professional class with a masters or BEd degree. I say, considering the layoffs in the private sector, quite soon.

Not too coherent, but just some thoughts for the mill of discussion.