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My name is Shun. I am the Founder of Target Trition.

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This is CBS I in the world. I'm John Baxter with my colleague Joseph Sternberg. He's a member

of the editorial board of the Wall Street Journal. He's based in London. He writes political

economics. We turn to the effect of all of these policies, this contest between prime ministers,

this expectation of no growth or some growth and high taxes. What does that mean for the cost

of living? What does that mean for the price of X? And especially what does that mean for

the strikes that are so commonplace over these last months that I no longer see major

headlines saying there will be another slowdown and naming the date and talking about the

union that's slowing down.

Have people just become so accustomed to these strikes, Joe, that they no longer worry

about them in the newspaper that it's just the price of living?

Well, what seems to be happening is that although there is certainly a lot of media attention

to the fact that strikes in general are happening, I think each individual strike now perhaps

has lost its capacity to shock. But at the same time, the effects keep showing up in new

places. So I have a family member visiting me this week who wanted to go to the British

...