The biggest tax on working class people is inflation, says Strategas' Jason Trennert (youtube.com)
‘Labor, in the first wave of inflatio, alwasy gets left behind. That’s why you're seeing very generous union concessions.' Longshorement getting 62% over 6 years. 'That's not consistent with 2% inflation. ‘You need failure, you need companies to go out of business to have proper capital markets.’
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