rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
- 286,727
- 163,907
- 2,615
can you defend how Cains plan adds 9% to inflation?
A 9% sales tax is definitely not adding 9% to inflation. And right now, inflation is only at 3/3.5%, which isn't so bad historically and not necessarily a bad thing in a slow economy.
How does adding 9% to the cost of EVERY good or service not add to inflation? You are automatically adding 9% to the cost of everything
Will your employer add to your pay to make up for the lost purchasing power of your salary? Of course not