Originally Posted by
Raging white
T, if he stipulates that his numbers aren't exact, would you stipulate that they're reasonable? I think you're both on the same side of the argument but caught up in the scale.
Actually I rarely agree with him but in this case I think the numbers are reasonable for at least the first few years. The inflation aspect is a bit hard to quantify because there are different numbers out there. One interesting thing is the average pay for workers in the US over the last 7 years has declined in real dollars. Very few work groups have seen any raises.