Home > Tools > News > A Supreme Court Ruling On Truckers Could Trigger An Inflation Crisis. Maybe.

A Supreme Court ruling on truckers could trigger an inflation crisis. Maybe.

Oct 14, 2018 at 07:01 AM CST
Nearly everything Americans consume came to them by way of a truck. And, of course, trucks are—at least for now—driven by people. Low pay for truck drivers, therefore, helps keep prices of US consumer goods in check. Consequently, a possible shortage of truckers could drive up their pay, causing flare-ups in inflation that could hurt the whole economy by triggering a recession (paywall).