Ask for a raise!

If the mortgage bailout is going to cost us $800 billion dollars then you must ask for at least a 5.6% raise this year or you'll be taking a pay cut.

Here's how I figure it:

Total US GDP in 2007: $13,543,000,000,000
Total US Population in 2007: 301,139,947
GDP per Capita (GDP/Population): $44,972.44

Cost of Mortgage Bailout: $800,000,000,000

The cost of the mortgage bailout is equivalent to the government printing $800 billion in new dollars. This is the magic and wonder of the Federal Reserve System, it can create new money whenever it wants since our money isn't based on anything real like gold or silver.

Now if you add the cost of the mortgage bailout to the GDP and then divide that number by the population you get $47,629.02. This means that after the mortgage bailout it takes $47,629.02 to purchase what $44,972.44 would purchase before the mortgage bailout. Your dollar is worth about 5.6% less because of the mortgage bailout.

So if you don't get at a minimum a 5.6% raise this year then you are basically taking the equivalent pay cut thanks directly to the mortgage bailout.

So to figure out how much of a raise you need, just take your current salary and divide it by .944, that's how much you'll need to make next year in order to afford living in a country who's government creates $800,000,000,000 in new currency in order to facilitate a mortgage bailout. And this doesn't even take into consideration the fact that our government also engages in massive welfare programs, expensive foreign entanglements, and is generally wasteful and bloated.

So don't go blaming the Saudis, oil companies, or anything else until you first look at the real reason why prices are so high. The real reason is because you vote for people who promise to buy you stuff without raising taxes, the only way they can do this is by printing more money and that has the effect I described above, I think it's called inflation.

Tell your boss...