To: bert
There are two really big problems that can only be solved by inflation... The second and newer problem is Obamacare. The only way to keep the law and make it acceptable is to have wages rise to a level..False. The instant that happens insurance premiums will rise to match. There is always a lag in this 'lagging indicator' but it (elasticity) cannot be circumvented. Google the word to see the rule as it applies to economics.
10 posted on
09/14/2014 6:20:36 AM PDT by
bill1952
(taxes don't hurt the rich, they keep YOU from becoming rich.)
To: bill1952
I recognized what you posted as correct. Please note that I interjected the thought of “the short term”
The short term good feeling occurs before the lag and the return to the conditions you note brought about by the change you note.
11 posted on
09/14/2014 6:24:11 AM PDT by
bert
((K.E.; N.P.; GOPc.;+12 ..... Obama is public enemy #1)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson