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Cost of Living Crisis and huge gaps in income and wealth between the top 20 percent and the bottom 80 percent aggravate standards of living in America in a way not seen since the Second World War. About 45% increase in prices on cars, used cars, car repairs, housing rentals and groceries, in many household expenses, since 2019. Incomes of workers not having kept up with this kind of spiralling inflation. This is upending the social compact and leading to loss of faith in governments in the US and Europe. Change in governments in UK, France, Germany, and the US and a sense of unease among people.
Grouped Articles
Even Disney Is Worried About the High Cost of a Disney Vacation
WSJ 02/09/2025
Top 20 percent in the US have $1.2 trillion in excess income savings and increased Net Worth to $35 trillion from 2019 to 2025. Bottom 80 percent have about $300 billion in excess income savings and increased Net Worth to $14 trillion in that period.
Grouped Articles
The U.S. Economy Depends More Than Ever on Rich People
WSJ 02/24/2025
At a critical juncture which Lyrarc compared to the 1948 effort by Harry Truman to get Congress to support aid to Greece and Turkey. Devastated by the war Greece and Turkey's democracies faced an imminent threat from a Communist takeover supported by the Soviet bloc. Ukraine was at a critical juncture in the war with Russia when Biden met Republican Speaker Mike Johnson at the White House with Mitch McConnell and Pat Schumer in Feb 2024. Schumer said a lot of the credit goes to McConnell to convince 31 Republican Senators a majority of his caucus to support Ukraine Aid at a critical moment.
Grouped Articles
Aid to Ukraine seemed dead. Then secretive talks revived it.
Washington Post 04/25/2024
Bucking G.O.P. Isolationists, McConnell Was Linchpin in Winning Ukraine Aid
NYTimes.com 04/24/2024
‘Kharkiv Is Unbreakable’: A Battered City Carries On
NYTimes.com 04/24/2024
Opinion | Ukraine Aid in the Light of History
NYTimes.com 04/24/2024
Senate Approves Aid for Ukraine and Israel, Sending It to Biden’s Desk
NYTimes.com 04/24/2024
Speaker Johnson’s Ukraine Package Clears Key Hurdle With Democratic Help
WSJ 04/19/2024
Grouped Articles
Why the US fears Russia is hacking its presidential election - BBC News
BBC News 10/11/2016
The Washington Post - Breaking news and latest headlines, U.S. news, world news, and video
The Washington Post
Senate and House Leaders Call for Inquiry of Russian Hacking in Election
The New York Times 12/12/2016
C.I.A. Judgment on Russia Built on Swell of Evidence
The New York Times 12/12/2016
Russian Hackers and American Hacks
WSJ 12/11/2016
Trump’s Approach: A Fresh Start or Crazy Reckless?
The New York Times 12/14/2016
Defense Secretary Ashton Carter says the U.S. must be better prepared in coordination with its allies for the mix of propaganda, subversion and cyber programs used by Russian president Putin. It says this is not a return to the Cold War, but better preparation means it would be possible to tell when Russia was using these tactics, and when it was not.
Grouped Articles
Defense Chief: Subversion, ‘Big Lie’ Are in Russia’s Arsenal
Wall Street Journal 06/06/2015
U.S. Pledges Equipment, Manpower to NATO Rapid-Response Force
Wall Street Journal 06/22/2015
Russia Bolsters Its Submarine Fleet, and Tensions With U.S. Rise
New York Times 04/20/2016
It’s No Cold War, but Vladimir Putin Relishes His Role as Disrupter
The New York Times 09/30/2016
Why the US fears Russia is hacking its presidential election - BBC News
BBC News 10/11/2016
The Washington Post - Breaking news and latest headlines, U.S. news, world news, and video
The Washington Post
Grouped Articles
Wal-Mart Drops Ambitious Expansion Plan for India
New York Times 10/09/2013
Shoppers Can't Shake the Blues
Wall Street Journal 11/17/2013
Wal-Mart Names New Head of U.S. Operations
New York Times 06/29/2010
Wal-Mart Taps Veteran Doug McMillon as New CEO
Wall Street Journal 11/25/2013
A Fashion Identity Crisis at Wal-Mart
Wall Street Journal 07/28/2010
Wal-Mart's Big-Box Formula Comes Under Strain
Wall Street Journal 02/21/2014
Grouped Articles
Economist 03/31/2010
U.S. Trade Gap Widens on Drop in Exports
Wall Street Journal 11/05/2014
Dollar Surges to 11-Year High Against Biggest Rivals
Wall Street Journal 01/04/2015
The Engine That Pulled Us Out of Recession
Wall Street Journal 03/19/2015
Exporting Our Way to Stability
New York Times 11/05/2010
How can Boeing, our biggest exporter, get foreign airlines to buy more planes?
Washington Post 11/06/2010
Grouped Articles
Looking East, Big Pharma Cuts Prices
BusinessWeek 04/15/2010
China Worries Could Hurt Pharma’s Health
Wall Street Journal 08/24/2015
Chinese Market Offers New Life to Many Drugs
Wall Street Journal 03/30/2016
The Four Ps of Global Business Expansion
Wall Street Journal 11/12/2010
China's Workers See Thin Protection In Insurance Plans
Wall Street Journal 12/30/2005
BusinessWeek 11/10/2011
Used car prices are up 45% since 2019 putting used cars at average price $28000. It is not a discretionary cost, one needs a car to get to work in the US. There are cases of young people not able to pay soaring repair costs quitting work without transport. This is why there was so much discontent in 2024 after supply shocks and price gouging pushed up prices in 2024. Another factor evident in airline ticket pricing was demand and the excess income of the top 20 percent. In housing and apartment rentals supply shortages pushed up prices, demand and excess income of the top 20-30 percent pushed up prices beyond the reach of the rest, higher interest rates made it unaffordable to buy a home for most Americans.
Grouped Articles
Why There Is No Relief Ahead for High Used-Car Prices
WSJ 02/15/25
The U.S. Economy Depends More Than Ever on Rich People
WSJ 02/24/25
The two tumultuous weeks in July 2024 started with a sniper shooting at the former president, followed by the Republican Convention within days. The president's address calling for calm, Trump's 90 RNC address which rambled to veer off course. Second thoughts about Trump and Biden's age and calls by Democrats for Biden to withdraw after the faltering delivery in the debate. Biden has Covid and isolates for a few days. On July 22 around 1.45 pm Biden puts out a letter on X (Twitter) that he is withdrawing and giving his full support to Kamala. Within hours Harris has overwhelming support. The next day morning Harris has secured the delegates needed. By the 24th in 48 hours she has raised $250 million for the campaign and about 100,000 volunteers. A dizzying pace for 48 hours that riveted the attention of the American people and the world.
Grouped Articles
With Speech to Teachers, Harris Waded into a Fiery Education Debate
NYTimes.com 07/25/24
Kamala Harris: A woman of firsts – DW – 07/23/2024
dw.com 07/25/24
‘Capable’ Harris and Biden’s legacy: key takeaways from the president’s address
The Guardian 07/25/24
Biden Says He Will ‘Pass the Torch’ to Harris in Oval Office Address After Ending Campaign
WSJ 07/24/24
Opinion | Kamala Harris Confounds the Republicans
WSJ 07/24/24
President Biden Addresses the Nation
YouTube 07/25/24
Entry level tier wages for auto workers at $17 an hour in 2022 as the UAW union goes on strike in 2023. At $34,000 a year entry level young auto workers make less than the $35,000- 40,000 a year for families set as the Federal Poverty Level by the Department of HHS. Lincoln and TR-FDR would see this as outrageous as American workers built American factories and America since the Industrial Revolution. America has forgotten its workers and worker's families, worker's children. Two thirds of children with the vast majority from the workers families not able to pass ACT reading comprehension at the 4th grade, and 50 % of retired people having zero savings. Not the America of Lincoln or TR-FDR.
Grouped Articles
Trump’s pitch for autoworker votes in car heartland is short on autoworkers
The Guardian 09/28/23
Biden Joins Autoworkers on Picket Line in Michigan
NYTimes.com 09/27/23
Biden Joins UAW Picket Line Ahead of Trump Visit, Opening 2024 Election Fight
WSJ 09/26/23
Five Clues to Where the UAW Strike Is Headed Next
WSJ 09/23/23
Battle Over Electric Vehicles Is Central to Auto Strike
NYTimes.com 09/17/23
Whatever the UAW Strike Outcome, Elon Musk Has Already Won
WSJ 09/16/23
Intrusion into U.S. databases by Russia seen as an effort to influence the U.S. election process. In 2014 cyber security issues with China were brought up in meetings between president Obama and China's president Jinping, and efforts made to reach an agreement to prevent recurrence.
Grouped Articles
Why the US fears Russia is hacking its presidential election - BBC News
BBC News 10/11/16
The Washington Post - Breaking news and latest headlines, U.S. news, world news, and video
The Washington Post
Senate and House Leaders Call for Inquiry of Russian Hacking in Election
The New York Times 12/12/16
C.I.A. Judgment on Russia Built on Swell of Evidence
The New York Times 12/12/16
Russian Hackers and American Hacks
WSJ 12/11/16
Donald Trump Chooses Exxon Mobil CEO Rex Tillerson as Secretary of State
WSJ 12/13/16
Sales doubling for Greek style yogurt, every year since 2006.
Grouped Articles
BusinessWeek 10/21/10
Old Factory, Snap Decision Spawn Greek-Yogurt Craze
Wall Street Journal 06/20/12
Grouped Articles
Canadian Regulator Waives Oil-Sands Enforcement Penalties
Wall Street Journal 06/13/13
Keystone XL Review Sees Little Impact on Climate
Wall Street Journal 02/02/14
Even Without Keystone Pipeline, Oil Has Flowed
Wall Street Journal 02/02/14
A sticky ending for the tar sands
Economist 01/15/09
Canadian Oil Sands Cuts Dividend, Citing Debt Load and Crude Price Drop
Wall Street Journal 12/04/14
Leftist Party’s Win in Alberta May Affect Future of Oil Sands
New York Times 05/06/15
Grouped Articles
GM to Invest $449 Million in Electric-Car Development
Wall Street Journal 04/09/14
GM Plans $1 Billion Makeover for Venerated Warren Tech Center
Wall Street Journal 05/15/15
GM to Expand Volt's Launch to New York, Austin
Wall Street Journal 07/01/10
GE to Buy 25,000 Electric Vehicles
Wall Street Journal 11/12/10
Volt Will Get Equivalent of 93 M.P.G., G.M. Says
New York Times 11/24/10
G.M. to Add 1,000 Electric and Hybrid Jobs
New York Times 11/30/10
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
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