Did firms have trouble making profits back in the 1950s and...

Did firms have trouble making profits back in the 1950s and 1960s? ... No -- they were used to a low-inflation environment, and the cost side was used to that, and workers' expectations about wages were more attuned to that.

Joshua Feinman Quote About Attuned, Cost, Profits, Side, Trouble: Did Firms Have Trouble Making...

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