The link between low wages and unemployment is usually ignored in politics but taken for granted in the business press. When wages rise, the Fed raises interest rates to slow inflation by doing what? Increasing unemployment. https://theintercept.com/2018/02/08/stock-market-crash-jobs-report-wages/ …https://twitter.com/ocasio2018/status/1019343472703234049 …
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You may want to read this as well: http://andolfatto.blogspot.com/2018/03/inflation-and-unemployment.html …
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