Quote:
Originally Posted by pauld315
While the increase is needed due to runaway inflation, it is a terrible benefit for us because it is based on inflation. I would much prefer what we have had for many years, small or no increases and an economy that is thriving. Nothing to celebrate here.
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Some would argue that a thriving economy expects and depends on occasional resets via corrections and/or recessions. We do seem to be getting better at limiting the hardships caused by them, which is good.