Inflategate
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Is There a Wage Price Spiraling?
A wage price spiralgist, for four of the listeners at home, is exactly what sounds like. Workers demand higher wages because prices keep going up. The thing about that is, they became a big concern in the seventies when you had much more unionized work force. You could sort of see it happening with lower wage workers, because businesses have to compete so hard to to hire. But i perposnaly just find it hard to believe that we're heading for like, aa sustained wage price spiral," he says.
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