Originally Posted by
Zoomie
Ouch, that's kinda insulting.
With the standard inflation rate of approximately 3.4%, basically Alaska is taking a concession each year they get a "pay raise".
Sorry to hear it.
It is insulting but that's not the "standard inflation rate" - at least not lately. I believe there's no inflation for 09 and will probably be very little if any for 10 - that's what happens in recession.