Typically wages do move with inflation, just not nearly as fast as prices. This is the hidden “tax” we will all pay to fund the Federal Reserve bail out currently underway. And to pay for all the deficit spending by the Federal Government (war, social programs, tax cuts – sooner or later it all lands somewhere – you can’t get something for nothing – and I thought my GOP was fiscally responsible, sheesh!).
Agreed the twain shall eventually meet – many years from now. Gonna be a tough ride getting there for lots of folks.
