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Politics : Politics for Pros- moderated

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To: skinowski who wrote (469620)	2/3/2012 2:14:42 PM
From: KLP	Read Replies (1) of 794009

It's just amazing to me that more people don't 'see' that.....>>>>> Mandatory cost of living adjustments are the best way to trigger hyperinflation. <<<<< We go to the grocery store, see prices are up again, and some people wonder why....Mandatory cost of living adjustments or minimum wage increases... We go out to eat, and see the prices way up....more complaints....but not many stop to think why....Mandatory cost of living adjustments or minimum wage increases... ETC For every such increase that is mandatory, the employer either has to raise prices, or cut staff. There is NO FREE LUNCH!! Wouldn't it be better to have more increase in sales, thus more profit, thus more pay increases and fewer price hikes for the consumer???

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