The bottom line is that if wages go up about 20-25%, prices will also go up about the same (and more for foreign items), and the FairTax rate would have to go up by whatever amount of measured consumption of final-sale personal-use taxable transactions disappears. And that people who have after-tax savings will see the value of those assets crash. Face it, it's not going to happen.
Even Boortz knows that all the FairTax Book hoopla and the rallies were just manufactured events. He was at the White House and didn't even mention his pet plan, even when he was there to discuss what's on the minds of talk radio listeners...
"... The bottom line is that if wages go up about 20-25%, prices will also go up about the same ..."
That's completely wrong as it is takehome pay that will go up, not wages. Wages remain the same under the FairTax. And that, in and of itself, merely means taxpayers will have more money that they control to either spend or save ... and a goodly number will no doubt start saving/investing it as many cannot now do so under the income tax.
Your so-called "bottom line" has a huge hole in it - called honesty. It's certainly good of you to let us know what Boortz did (or did not) say to the President since those of us who weren't present wouldn't know ... oh, wait!! You weren't present either, were you??? Or do you, perhaps, have the Oval Office bugged????