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The US Cost of Living Crisis 2023-2025
02/24/2025
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
The state of American workers and managers in 2010-2011
11/20/2010
Studies of Boeing and other companies that show the changes at American companies and how it has affected American workers and managers.
Grouped Articles
Boeing to Build Stretched 787-10 in South Carolina
Wall Street Journal 07/30/2014
Turbulence: The Pain of Change at Boeing - Off the Shelf
New York Times 11/20/2010
Wall Street Journal 12/01/2011
Boeing Teams Speed Up 737 Output
Wall Street Journal 02/07/2012
America has forgotten it is American workers who built America
09/28/2023
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
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