Tech sector wage cuts
After my brief self-doubt in a furniture store - I'm coming out fighting again after a couple of days immersed the news.
Inflating our way out of the mountains of debt is surely the most tempting course for politicians.As wages rise rapidly - the debt burden for the individual is eased. Back in the real world there are waves of pay cuts
After reporting a 13 percent drop in first-quarter profit, the world’s largest personal-computer maker said it will reduce Hurd’s base salary by 20 percent, executives’ pay by 10 percent to 15 percent, and most employees’ salaries by 5 percent.
Will these folks be rushing to borrow more?
