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Here s Why America s Labor-Shortage Will Drive Inflation Higher Published: July 15, 2021 Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill. America s labor shortage is complex and doesn t lend itself to the simplistic expectations favored by media talking heads. The Wall Street cheerleaders extol the virtues of getting America back to work which is Wall-Street-speak for  getting back to exploiting workers to maximize corporate profits. Long-term demographics have combined with cultural changes and Covid-Lockdown epiphanies to completely re-order America s labor force beneath the superficial surface of re-opening.  No one post can do justice to such a complex topic, so I ll touch on a few of the many inter-connected (and often mutually reinforcing) dynamics.

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