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The reason is to prevent wage inflation. This prevents all abusive the bad things described above. The idea is to try to keep the economy abusive at it's maximum sustainable growth. If it grows too fast, inflation perks abusive up and the economy drops. If it slows too hard, we have a recession and high unemployment. The effect should be to smooth the ripples of the business cycle. And this is a good thing. --t "There is no pain in death; it only hurts to die." -Quicksand [ ...reply just to this | comment on the story... | next new ] 16. Re: Ivory towers by Militant Elvis at Wed 31 Aug 9:25amscore of 1.5 astute in reply to comment 3 a large portion of our country has been devistated by a natural disaster that was fueled by a phenomenon that GW won't even sign a treaty against. GW won't sign a treaty against building a city below sea level on gradually sinking marshland with a river on one side and a lake on the other? |
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