"Without an automatic inflation adjustment, states are forced to go through a political process each year to guarantee workers’ living standards from year to year. "

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"Without an automatic inflation adjustment, states are forced to go through a political process each year to guarantee workers’ living standards from year to year. "

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Source

Economic Policy Institute

Source URL

https://www.epi.org/publication/webfeatures_snapshots_20051221/

Referenced by

Without automatic adjustments, the real value of wages declines, necessitating periodic, politically challenging updates.

US Politics

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