<div id="RTEContent">Stephen Cooke writes:<br> <br> <pre><tt>"Wages can increase at the rate of productivity increase<br>for either a company or a nation without causing inflation."<br><br>Since Wal-mart stock (value)has declined, should wages also<br>not decline at Wal-Mart, based on your economic model Stephen?<br><br>Stephen, are you willing to state that requiring all employers<br>in Moscow to pay the livable wage of $10 an hour will not cause<br>inflation?<br><br>Take Care,<br><br>Donovan J Arnold<br></tt></pre> <br><br><b><i>Stephen Cooke <scooke@uidaho.edu></i></b> wrote:<blockquote class="replbq" style="border-left: 2px solid rgb(16, 16, 255); margin-left: 5px; padding-left: 5px;"> DJA writes: "Increasing wages causes inflation."<br> Not true! Wages can increase at the rate of productivity increase<br>for either a company or a nation without causing inflation. Beyond that<br>additional increases will cause inflation. If this statement were true<br>corporate!
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increases would be the single larges source of inflation in<br>the U.S. <br> WM is v. productive and yet they do not pass the<br>productivity gains on to workers who are responsible in part for the gains.<br>This is what makes WM an irresponsible corporation, in part. <br>Steve Cooke <br><br><br>_____________________________________________________<br> List services made available by First Step Internet, <br> serving the communities of the Palouse since 1994. <br> http://www.fsr.net <br> mailto:Vision2020@moscow.com<br>ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ<br></blockquote><br></div><p>
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