On this edition of Your Call, we're discussing rising inflation, which soared to a 40-year high last month with prices increasing 9.1 percent over the past year.
Corporate profits and CEO pay have hit record highs, but average wages are not keeping up with the increased cost of goods and overall living. More people than ever are taking extra jobs to make ends meet. What explains this and what are real solutions for working people?
Guests:
James Galbraith, Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs, and professor of Government at The University of Texas at Austin
Mike Mitchell, director of policy and research at the Groundwork Collaborative
Web Resources:
CBS News: More American workers are taking on second jobs as inflation rages
The Washington Post: Inflation is making homelessness worse
Institute for Policy Studies: Executive Excess 2022
NPR: Inflation is crushing rural America and may even drive people to the cities
Next City: Hear Us: What’s Up With Inflation, and What Does It Mean for People of Color?
MarketWatch: Inflation has hit women more ‘acutely,’ experts say. Here’s why.
