“Wolff Responds: Price vs. Wage Inflation
In this Wolff Responds, Prof. Wolff explains the difference between rising prices and wages. He argues that prices are rising faster than wages, decreasing the purchasing power of most Americans, who are falling further and further behind.
“It's the old class struggle. That's right, between employers and employees. That's what's going on, and when you hear about inflation then wages, that's what the issue is.”
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Question Mark (Polygonia interrogationis)
Ice Age National Scientific Reserve Unit, Wisconsin, USA
2017-07-22 0078aaap
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