greedflation
wage restraint
deliberate attempt to control the increase in wages.
to pitch an idea
discussing, suggesting or presenting an idea in a theoretical context.
looting
stealing goods, often during a chaotic time
insatiable
always wanting more of something; not able to be satisfied.
dissent
expressing views that are different than those in power.
real terms wage drop
a decline in wages adjusted for inflation
making inroads
gradually gaining or making progress in a difficult area.
nitty gritty
the most essential details of something, often the harsh reality.
modular
consisting of separate parts that can be joined together.
consolidate
join several things into one place
soaring
rapidly rising or increasing to a great height
deep pockets
significant financial resources.
woo
to seek the favor of someone or convince them.
integral
being an essential part of something.
relatable
being able to understand and have sympathy with.
price shock
a sudden and significant increase in the price of a good or service.
beholden
obligated or indebted to someone.
amenities
desirable features that provide comfort and services.
prominent
important and well known.
efficacy
the ability that someone or something has to produce the desired outcome.
counterfactual
relating to what might have happened under different circumstances.
framework
set of guidelines that provide structure and support for a particular process.
underpinning
providing a foundation or basis that supports an idea or system.
net zero
Net zero emissions refers to a state where emissions of greenhouse gases due to human activities and removals of these gases are in balance over a given period
trickle-down economics
the theory that low taxation and regulation for big corporations will benefit everyone.