Detailed text transcripts for TV channel - MSNBC - 20180504:15:26:00
Slack as i mentioned. low productivity. and especially weak bargaining power for lots of american workers. >> steve? >> what do you think? >> i think he's done a very good job at summarizing the problem. it's' an bigger, broader problem. it's a global world of excess supply. >> excess supply of labor. >> compress supply of workers, services, even of commodities. the net result is you can't generate the inflation. you can't generate the job gains. companies are still focusing in on trying to accrue trouble digit earnings. the only way is by continuing to eat out cost. if you can't fire workers,...
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