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<blockquote data-quote="35years" data-source="post: 3450355" data-attributes="member: 60822"><p>I don't disagree.</p><p>I just used the current inflation #s put out by the government.</p><p>The point was not to forecast the inflation rate, but to illustrate that even when assuming a low inflation rate, $.85 annual raises for 10 years would not keep up.</p><p></p><p>Inflation has been rising for the last 4 years, with no reason to think it will not continue to rise.</p><p></p><p>Even with a conservative 3% inflation projection, we would need to average more than $1.00 raises each year to keep up with inflation for a 5 year deal... $1.60 average annual raises at 4% inflation.</p></blockquote><p></p>
[QUOTE="35years, post: 3450355, member: 60822"] I don't disagree. I just used the current inflation #s put out by the government. The point was not to forecast the inflation rate, but to illustrate that even when assuming a low inflation rate, $.85 annual raises for 10 years would not keep up. Inflation has been rising for the last 4 years, with no reason to think it will not continue to rise. Even with a conservative 3% inflation projection, we would need to average more than $1.00 raises each year to keep up with inflation for a 5 year deal... $1.60 average annual raises at 4% inflation. [/QUOTE]
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