[profmonocle]

The problem is people don't really see wage increases and inflation as things that balance each other out. They think of raises as something earned that will improve their lifestyle - when inflation cancels that out, it can feel like you were cheated out of that reward.

Even if you understand intellectually that a pay increase is a cost of living adjustment, that doesn't mean it isn't disheartening to see your new earnings being eaten up by inflation.

[jazzkingrt]

Additional point: wage increases not uniformly distributed, whereas costs are moreso.