Comments on: How Your Salary Could get Slashed to Boost Company Profits http://dailyreckoning.com/pay-cuts-may-slash-your-salary-boost-company-profits/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 04:42:35 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jeff http://dailyreckoning.com/pay-cuts-may-slash-your-salary-boost-company-profits/#comment-38985 Jeff Mon, 16 Nov 2009 23:16:41 +0000 http://dailyreckoning.com/?p=20246#comment-38985 Yep, during deflation wages fall ahead of consumer prices. During inflation consumer prices rise faster then wages. Yep, during deflation wages fall ahead of consumer prices. During inflation consumer prices rise faster then wages.

]]> By: tony bonn http://dailyreckoning.com/pay-cuts-may-slash-your-salary-boost-company-profits/#comment-38984 tony bonn Mon, 16 Nov 2009 23:00:51 +0000 http://dailyreckoning.com/?p=20246#comment-38984 falling wages are the price we pay for decapitalization....in real terms they are below their 1973 peak....so in 36 years the american worker has absolutely nothing to show for all of the voodoo economics hoopla of the past 2 generations of quack economists (which is 99.99% of them).... i despise anyone who says that american wages are too high....they were high in the past due to high productivity and high capital investment.... falling wages are the price we pay for decapitalization….in real terms they are below their 1973 peak….so in 36 years the american worker has absolutely nothing to show for all of the voodoo economics hoopla of the past 2 generations of quack economists (which is 99.99% of them)….

i despise anyone who says that american wages are too high….they were high in the past due to high productivity and high capital investment….

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