I think its a valid question to ask why is inflation so high whilst wages are static.
The extra money is going somewhere.
---------- Post added at 10:24 ---------- Previous post was at 10:22 ----------
Quote:
Originally Posted by martyh
Unfortunately Alan seems to forget that without wealthy people we would have no factories,no shops and no jobs .He also thinks that as soon as someone satisfies his definition of wealthy they must be taxed untill they have no wealth .He is of the opinion that people are owed a living ,that it is the governments job to create jobs whilst removing wealth from wealthy people
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What happens when mr billionaire A is living with 1 million other people all jobless except the people he employs himself.
The welfare state is scrapped to keep his taxes nice and low.
Who buys his goods?