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Podcast: The Real Estate Espresso Podcast
Episode: The Wage Price Spiral
Description: The United Auto Workers didn’t get the memo. Jerome Powell wants to stamp out any possibility of a wage price spiral.Â
The auto industry is in the middle of an escalating strike as the United Auto Workers are fighting for a catch up on the concessions delivered when all of the major US auto makers were on the verge of bankruptcy in the wake of the 2008 Financial Crisis.Â
But the United Auto workers are demanding a 40% increase in wages over a three year period. The question is, do you think that workers all across Nort...