Experts say Georgia policymakers should remove governmental barriers to job creation | The Center Square
As the Consumer Price Index continues to rise, a Georgia nonprofit says the state should remove barriers to jobs to facilitate business growth.
The non-seasonally adjusted CPI rose 0.3% in April and has increased 8.3% in the last 12 months…
“Economics 101 teaches that increasing supply means both lower prices (lower inflation) and more employment and economic growth,” Randolph added. “Increases in demand have a trade-off between prices and employment/growth. Therefore, anything state governments can do to facilitate job growth and business growth will help mitigate inflationary pressures. In other words, enhancing the productive capacity increases supply, putting downward pressure on prices.”