Julia Coronado @jc-econ.bsky.social · 06/08/2026It is pretty clear that the inflation we are experiencing is not emanating from the labor market--the labor share of GDP plunging to all time lows each quarter it seems 57025
Ole Danielson @oledanielson.bsky.social · 06/08/2026Though your point is that it is not labor cost driving inflation, the trend is problematic in many other ways. We are entering a regime of where labor is just plain less necessary for nearly every production process. What we now call un-employment will become unnecessary-employment. 221
