[quote=harvey]And what percent of the workforce has their incomes tied solely to the govt. inflation numbers?

Answer: Not enough to make a difference.

Supply and demand still rules the day.

But maybe the 70s will make a comeback. Star Wars is back.[/quote]

Not entirely correct. Even with supply, companies fear turnover. The raise cycle is a major satisfaction issue and tying back to the voter anger issue, part of it is the big lie that has been being told to the middle three quintiles. Inflation is low, and we only have this tiny raise pool.

If the government was saying inflation was 3.5-4%!or more instead of virtually zero, I think corporate merit raise pools would be much larger, instead of typical raise pools in the 3-4% range, they’d be more in the 6-7% or higher if inflation was reported higher than say 4%.

It would give raises for get the staff stewing no leaving.