This week on Economic Update, Prof. Wolff talks about oil and gas inflation, its impacts, and politicians' phony solutions, the stagnant US gender pay gap and its significance, and why Americans are experiencing economic crisis, while Biden pretends the US economy has "recovered" and is in great shape. In the second half of the show, Wolff interviews Amazon union leader Chris Smalls about union organizing efforts across Amazon and beyond in a revived labor militancy.