Economic principles
Whenever a union demands a pay increase, the government and corporate executives say the economy is bad and they can’t afford it. But the economy suddenly gets better when the government and executives want big pay increases or bonuses.
Why don’t these big salary earners set an example and take a two- to three-per-cent salary cut? Further, they should promise they won’t accept any pay raises or bonuses until they can provide such raises to lower-wage earners.
I am sure that will help improve the economy soon.
Kanwal jit Singh Gill, Surrey
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