Labor's Fall -- Not Oil's Rise -- Is Key to Inflation
Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to be found today. Exhibit A is in Wisconsin. Continue reading Labor's Fall -- Not Oil's Rise -- Is Key to Inflation Labor's Fall -- Not Oil's Rise -- Is Key to Inflation originally appeared on DailyFinance on Tue, 01 Mar 2011 12:00:00. Filed Under: Energy , Columns , Economy Permalink | Tweet this! | Comments
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