An important factor in our inflation situation is immigration. The US has stagnant population growth (as does the UK, EU, etc. Japan has a declining population.) During the Trump administration, the US drastically curtailed immigration. The Biden administration continues to do so today. The result has been wage inflation. The wage inflation that started in […]
Tag Archives: wage inflation
Immigration and the Wage Inflation Spiral
Posted in Business, Finance, Government, International
Also tagged immigration, inflation, Trump
Comments closed