Supply Chain Disruption

It's deemed legitimate for the Fed to check the price of labor but not for the government to control the prices of goods and services. Jerome Powell has announced a kind of explicit target for wage growth right so he says we want wage growth but it has to be consistent with our 2% inflation target. The real culprit here is the diminution of US productive capacity caused by four decades of neoliberal policies disinvestment deregulation outsourcing which have rendered the economy extremely vulnerable to supply chain disruption, writes Radika Desai in new left review.