3 ms·

The article does not make the claim that his raise was lower than the rate of inflation. If it was, then yes, it was effectively losing money.

• lyudmil 15y ago
  From the article: "my yearly salary increase was the lowest ever, and significantly lower than inflation"
  • sorbus 15y ago
    Well, I look like an idiot now. That's what I get for not going back to reread an article before making a claim about what it says, I suppose.