make demands of increases around 2 or 3 times inflation, year after year after year..... It is unsustainable. We do not live on a secluded island. Big multinationals such as Toyota, mercedes, VW... etc will simply move their assembly plants to China - and the Chinese are absolutely loving it.
At the end of the day, that money has to come from somewhere, and companies will simply not expand their labour forces, but infact make them smaller and outsource cheaper - which just causes more unemployment... and round and round we go.