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We Need to Slow the Economy Downcer Theis Central Bankers
In the past, when you had a increase in employment, then you had unions that y go along and bargain on that basis. Having slaughtered unions over the last forty years, you've not got an n individual bargaining o a world. And there's been no bargaining power at all for workers since two thousand and eight. In that situation, then it just comes down to companies having to compete to get workers away from other companies if they they ae short of labor. So baing, you get these huge spikes. You don't get, in a sense, the union movement actors are dampening on wage rises. The best way we can do that is to slowt slow the economy down