Tariffs are immediately raising costs of goods. Business fundamentals are raising costs of goods.
Minimum wage is not a problem. Automate functions that can be automated. Employment rate is false (was under a few Presidents now) as the same people had two or three of many of those jobs and unless you worked full time (who gets full time) you don’t show up in the unemployment #’s.
Capital is NOT being held up in the worker/employer model.
Where’s it held?
Real Estate, with most tied up in leveraged private debt.