President Biden is giving a bit of simple advice to businesses unable to find workers: Offer people more money. Biden is betting it leads to middle-class security. But Republicans say his policies have let loose high inflation that will hurt the economy.
Biden betting on wage growth, while GOP warns of inflation
WASHINGTON (AP) — The Biden administration recently gave a bit of simple advice to businesses that are unable to find workers: Offer them more money. This recommendation, included in a White House memo about the state of the economy, gets at a fundamental tension in an economy that is returning to full health after the coronavirus pandemic.
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