View Single Post
Old 07-26-2022, 09:30 AM   #28
John Mercier
Senior Member
 
Join Date: Jun 2021
Posts: 3,474
Thanks: 3
Thanked 610 Times in 504 Posts
Default

Low unemployment and pushing more monetary and fiscal stimulus will do it every time.

All you have to do is look at the federal budget deficit for each year starting back in 2008 to last year to see the situation.

Add to that the 1984 warning of the number of workers to retirees ratio dropping at this time... and BOOM wage inflation.
John Mercier is online now   Reply With Quote