Originally Posted by
Aldo Raine
Hmmm. 14.6 percent two years from now. As of today, our real incomes have already declined by that amount since 2020. Two years on from today I would guess a further decline of at least an additional 15 percent at the current trend, as no one other than politicians expects the current trend to reverse any time soon, and the smartest out there are saying the real pain hasn’t even started.
So, to answer your question, it is.
I agree with you - my point was it seems in line with the rumored 20% in 3yrs. The bigger point of inflationary effects on pay is a different animal and that is why I say I have to see the entire TA before I decide my vote. The fact the its 14.6% two years from now puts a bigger burden on the rest of the TA to deliver.