Inflation, the Cost-of-Living Crisis, and the Danger of Recession
The economic situation working people find themselves in right now is, to say the least, confusing. All of us are paying higher prices for the basic necessities of life, especially at the gas pump and the grocery store. On the other hand, as reported in recent UE NEWS updates, many UE locals are negotiating the best contracts they have seen in years, and some locals have even been able to convince their employers to raise wages mid-contract.
What’s going on?