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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GraceZ who wrote (51830)1/28/2006 1:59:59 AM
From: Mike Johnston  Read Replies (1) of 110194
 
What non cash compensation ? Health insurance ? Companies were forced to spend more money on health benefits because of high levels of inflation in health care.

That has led to a big pressure to cut benefit costs like cutting coverage or increasing copays or decreasing the quality of coverage.

Now you don't like BLS data because it doesn't conform to your perception of reality ? 4% drop in real wages is horrific. But if true rate of inflation were used for calculation, those numbers would look even worse.

You really are confused.
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