Commentary Inflation roils markets, especially labor markets. When inflation is reasonable, as it has been for four decades, families, companies, and governments more accurately can predict future costs and incomes. When inflation is unreasonable, calculations get scrambled. Most employees today are not in labor unions, so they make their own arrangements with employers. But labor unions’ main function is to keep wages high for their members. Union membership has fallen from around 33 percent of workers in the 1950s to 11 percent today in the United States (16 percent in California). But organized labor still maintains power where it exists. With inflation hitting 10 percent in February and higher, unions families are being slammed just the same as non-union families. So it’s understandable unions are starting to more often use a big, but unwieldy, weapon at their disposal: strikes. However, management—whether private sector or government—itself is being hit with higher …