3 ms·
Tying wage to inflation is unfortunately a bad idea because it drives a feedback loop. People have tried (including in the US in the 70s) and it always ends in
by gumby 3y ago
Tying wage to inflation is unfortunately a bad idea because it drives a feedback loop. People have tried (including in the US in the 70s) and it always ends in tears.
Tying thresholds like exempt thresholds though sounds like a good idea.