My "point" is that what I said applies to ALL areas of the Economy & Society, not just Aerotech's employee's.
The "bottom line" is that, whenever wages are increased, suppliers, employers, distributors, & vendors all increase their prices to offset their losses and maintain their profit margins. They would never "freeze prices" and "increase payroll expenses" ( raise wages ), which undermines their "bottom line".
There is no "cost of living utopia" . . . Also, remember that, when income increases, so does income tax !
What are your thoughts on how to remedy the situation and how much, at a minimum, do you think each employee should be paid, in order to be able to afford the cost of living ? ( This will vary, widely, across the country - Hawaii vs. Mississippi, for example ) . . .
https://worldpopulationreview.com/state-rankings/cost-of-living-index-by-state
Thanks,
Dave F.