@globeandmail
Supply chain and production disruption is fuelling inflation this time...you would figure this out by consulting with any Canadian manufacturer
@globeandmail
Oh, so it is not the greedy corporations, it is the high number of employees? Right. That should mean more product, hence cheaper if it was at all true
@globeandmail
When everyone has a job, we have to pay them more. It's better some people are out of work so we can keep wages where they are and shareholders benefit from rising profits - Macklem
@globeandmail
@globebusiness
Is this step 2 of Trudeau’ “Great Reset”? Put people out of work to keep the rich rich, corporations rich & shareholders rich while everyone else is poor?
@globeandmail
Inflation is a really bad thing, it is unfair tax basically, but in fact may be preferable some time by governments on the other hand unemployment is worst for both citizens and the governments. Econ 101!
@globeandmail
This is only about expected future corporate profits. When labor has power, wages go up, profits for the wealthy go down. They are trying to break labor's power with a recession... fighting inflation is just a cover.
@globeandmail
Let's get the real unemployment rates, including those that are on welfare and other forms of social assistance as they are not employed.
@globeandmail
Connect the dots, my duders.
The reason it "contributes to high inflation" is because low unemployment increases wages. And increasing wages is unsustainable.
In other words: *capitalism is built to trap people in poverty so billionaires can profit*
Say it. Spell it out.