CLICK HERE TO RETURN TO NBR WRINKLIES HOME PAGE

                                

january 2011 The Golden Shoe Club was created as a push for SAFETY --here is the FIRST from NBR

October 20 2007 Productivity must support Rising Costs In studying the post war economic situation we find that prices and wages have risen a lot,  but a gradual rise, say 3 percent, in cost of living and wages is not fatal provided productivity  is increasing at the same time. A rise of say 10 percent in wages (which took place in 1951)  is something that no economy can afford. The golden rule in economics when it was a much  simpler subject was "when in deficit contract , when in surplus expand" and that is still a good rule