"Is Inflation Truly Transitory? Strikes Tell a Different Story

Welcome to The Joe Ligato Show! I'm your host, Dr. Joe Ligato, and today we're diving into a crucial issue: the surge of strikes among American workers. This isn't what you'd typically expect, as union membership has been on the decline for years. So, what's fueling this remarkable wave of strikes?

In recent months, large-scale work stoppages have resulted in an astounding 4.11 million missed workdays, the highest figure since 2000. With the United Auto Workers strike setting the stage, it appears 2023 might shatter all previous records for workdays lost due to strikes. People are feeling the sting of inflation and are demanding higher wages, despite the initial claims that inflation was merely "transitory."

Is this the result of a long-neglected workforce seeking fair compensation? Or is it a consequence of inflation running rampant? We'll explore these questions and more in today's episode.

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