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Thread: Everything hikes except salary!!!
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[quote=AL32,247702]OK, maybe my remark about water, pollution and life expectancy was a little off-topic, but this was to prove my point that maybe the solution will have to come from the gouvernment in some mean.... I don't think that it should regulate every product sold, but in the case of basic food like milk, grains, etc. this could be benefic for the poorest part of the population. For the rest (like tv sets and other "luxuries") I fully agree that the market laws with sort things out by itself...eventually. I was also trying to find an alternative source of revenue for the population: tax on pollution would be a nice way to force the companies to give back some of their revenue to the people and force them to respect the environment in the first place. No offense Erentius, but I don't agree with some of your arguments: "When Chinese companies will get less competitive on the international market they ll worry about redistributing the money to their employees": --> When they will get less competitive, they will either close, buy machinery that works 24hrs a day and that is cheaper than labor or move to something (or somewhere) else: NOT give more to their employees. "... the survey you are talking about is not correct. Why do I think so ? Because Chinese people have never been consuming so much as they are doing today. But to consume, you need money..." ---> The survey says that goods are more expensive and that the salaries (gouvernement paid in this case) are not increasing as fast or at all. Your argument: it's because the Chinese buy more from their savings. Well, poor people do not have savings!! The higher consomation rates you refer to is in big part due to the rich people and the fact that the population grows; you proved it (or contredicted) yourself when you said: "To do so you need a really great number of rich people at least as numerous as the poor ones to double the prices. Sounds impossible to me especially for noodles: the consumption of it doesnt increase proportionaly with your wealth (rich or not you are human your body is physically limited) contrary to TV sets or computers". ---> widening income gap refers to revenues vs price of things; not only gap between poors and rich. And let's not mix things up between higher consomation rates and basic food needs and prices. People do not eat more rice because they use their savings and yes the big spending numbers mostly reflect rich people luxury spending, increasing investments, capital gains from insane stock market and population growth. The "nice inflation rate" your talking about is hypothetical: did you read the link I gave?: record highs! ...and it has been so for the last 10 to 15 years: what about the rise of salaries???? ---> that was mainly the topic of the post. [/quote]
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