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Podcast: The NeoLiberal Round
Episode: Major US Businesses Are Laying Off Workers as They Race to Keep COVID-Type Revenues and Supernormal Profits
Description: Question: Why are major US Businesses laying-off their workers? The US economy seem to be contracting or that is what we are made to believe, with the slew of American Businesses that are cutting staff due to what business insiders and analysts are reporting as lower-than-expected revenues and profits coupled with rising labor costs. In this episode, we discuss why Businesses are really slowing and provided commentary on this within the present economic context of rising prices and falling median incomes while registering a significant increase in the Gini co-efficient which measures income inequality.Â
According to Business I...