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Signs of Inflation Spreading: Now It’s Trucks and Teens

by John Rubino
Dollar Collapse

In a world of cheap emerging market labor and ever-more-dexterous robots, inflation – especially the wage-driven variety – seems like yesterday’s news. But maybe not. It’s late in the cycle and things are getting tight, with pretty much the same result as in every previous expansion: Companies are having to pay up and look farther afield for the things and people they need. Two current examples:

Facing Historic Labor Shortages, Companies Snap Up Teenagers

(MSN) – Jerry Stooksbury, the president of Avionics Specialists LLC, needed to produce an airplane instrument panel last fall, but had only two employees able to complete the task quickly.

One was out sick. The other was in high school.

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