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  • longpickuptruck longpickuptruck Apr 16, 2007 7:06 PM Flag

    The Rising Cost of Living

    My daddy used to say; Boy, if you got it, spend it. Think back, at almost any time, and try to measure what you could buy with an hours wages then and what an hours wages buys now. Almost the same thing. What is bad is when the gov't manipulates wages by the minimum wage law, this act raises the cost of goods and services. This really hurts individuals that are on fixed incomes. No provisions to help them. Minimal effect on most people, wages usually go up as inflation goes up. Edwards got it, and chooses not to get his hair cut where poor people get theirs cut.

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