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What is causing inflation?

It must be the generosity of EI: no. It must be the generosity of welfare: no. It must be that women are entering the labour market in record numbers: no. It must be militant unions: no. It must be Canada post workers: no. It must be a wage price spiral: no. It must be inflexible labour markets: no. It must be tight labour markets: no. It must be capacity utilization is maxed: no.

It must be factors that almost nothing to do with the domestic economy: Bingo!

What is the solution. Austerity, further deregulation and privatization, punitive labour market policies, more free trade and increased interest rates.

I am so not looking forward to the next four years.

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One thought on “What is causing inflation?

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