Quote:
Originally Posted by stanley
It will definitely go up, but don't worry......the national minimum wage that's going to go up will offset the cost.....  |
Re: national minimum wage
People do not understand. First of all the dollar is not a defined value. From 1970 or so it takes 7-8 of them to buy the same thing. This past year our dollar lost 7% of it's value.
Fair is in the eyes of the beholder. Savings, pensions, social security it is highly unlikely that they, after taxes will keep pace with inflation.