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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
Grouped Articles
SAP's Uncertain Ascent to the Cloud
Wall Street Journal 01/22/2014
SAP Readies Software for RIM's New Tablet
Wall Street Journal 11/20/2010
SAP Deal Shows Rise Of Online Software
Wall Street Journal 12/05/2011
SAP to Buy SuccessFactors for $3.4 Billion
New York Times 12/05/2011
The Secret of SAP's SuccessFactor
Wall Street Journal 12/06/2011
SAP Projects Strong Sales For Quarter
Wall Street Journal 04/16/2012
Retail store Old Navy.
Grouped Articles
Old Navy Thrives After a Style-Conscious Rebirth
New York Times 05/17/2015
Gap Deserves to Come Off Discount Rack
Wall Street Journal 06/19/2015
New York Times 06/20/2015
Gap to Test ‘Fast Fashion’ Model in Select Stores
Wall Street Journal 08/21/2015
BusinessWeek 11/25/2009
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 02/24/25
Apparel retailer Gap Inc. Expanding international operations.
Grouped Articles
Gap's Stock Risks a Premium Downdraft
Wall Street Journal 08/21/13
Gap Earnings: Retailer Avoids Teen Slump
Wall Street Journal 08/23/13
Gap Reaffirms Outlook, Focuses on Expansion Outside the U.S.
Wall Street Journal 05/23/14
Gap CEO Glenn Murphy to Step Down Feb. 1
Wall Street Journal 10/08/14
Gap to Slash More Stores, Cut Jobs
Wall Street Journal 06/16/15
Gap Is Closing 175 Stores, Hoping for a Turnaround
New York Times 06/15/15
Efforts to close a growing gap in science and technology with western European countries and the USA. Moves to give more state funds to innovative Russian companies in procurement practices. Dependence on oil and minerals for 80% of Russia's export revenues distorts the situation for technology development.
Grouped Articles
Medvedev Makes a Slight Break With Putin
Wall Street Journal 05/19/11
Russia Decides It's Time to Try Modern Oil Drilling
New York Times 05/13/06
Itâs the P.Q. and C.Q. as Much as the I.Q.
New York Times 01/29/13
Russia's WTO Membership Faces Rocky Road
Wall Street Journal 02/22/11
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