Only two ways to get hjgher wages
1. Demand them
2. Earn them
HE first is the popular way. Big victory for
the labor leader. That extra money in the
pay envelope looks so good.
But it disappears! Because if yo11 demand a
raise, why shouldn't everybody? And yo11 know
they will. Then the cost of making things goes up,
and so, of course, the price of everything you buy
has to go up, too.
Your"raise" has evaporated, and you're no better
off-and if you're on a pension, y...