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	<title>Software is too expensive to build cheaply... &#187; wages</title>
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	<description>Robert's Rambling Ruminations Regarding Reality</description>
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		<title>Wage growth does not automatically equate to inflationary pressure&#8230;</title>
		<link>http://twasink.net/blog/2009/07/wage-growth-does-not-automatically-equate-to-inflationary-pressure/</link>
		<comments>http://twasink.net/blog/2009/07/wage-growth-does-not-automatically-equate-to-inflationary-pressure/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 09:33:49 +0000</pubDate>
		<dc:creator>Robert</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[opinion]]></category>
		<category><![CDATA[wages]]></category>

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		<description><![CDATA[One of my coworkers tossed out this line today: &#8220;We can&#8217;t just increase the minimum wage, because that would cause inflation&#8221;. I said at the time that didn&#8217;t have to be the case, and I just thought I&#8217;d capture my reasoning in writing.

Inflation occurs because prices go up. Prices go up because:
a) costs have gone [...]]]></description>
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