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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 U.S. government's recovery of funds used to bailout insurers, banks, Fannie, Freddie, and auto companies
11/16/2010
The US government still has a ways to go to recover funds from the auto bailouts. AIG is still costly. Fannie and Freddie are an entirely different story, a debacle with huge additional funds needed.
Grouped Articles
Freddie's Profit Soars on Housing Rebound
Wall Street Journal 05/08/2013
Fannie Mae to pay $59.4B to Treasury - The Washington Post
Washington Post 05/09/2013
Fannie Chief: Payout Must Not Delay Revamp
Wall Street Journal 05/10/2013
Cost of Bailouts Continues to Decline
Wall Street Journal 05/10/2013
Fannie, Freddie Payments Nearly Match Aid
Wall Street Journal 11/08/2013
White House Rejects Fannie-Freddie Recapitalization Plans
Wall Street Journal 11/23/2013
Costs of the war in Afghanistan compared to the war in Vietnam
10/17/2010
Grouped Articles
The Wars That America Forgot About
New York Times 10/17/2010
New York Times 11/24/2010
Lt. Gen. John Kelly, who lost son to war, says U.S. largely unaware of sacrifice
Washington Post 03/02/2011
New York Times 03/05/2011
Book review: ‘The Unquiet American: Richard Holbrooke in the World’ - The Washington Post
Washington Post 11/13/2011
White House Proposes Cap on Wartime Spending
Wall Street Journal 02/13/2012
Costs of the war in Afghanistan and Iraq reach $1 trillion by 2010.
07/24/2010
Estimate by the Congressional Research Service.
Grouped Articles
The Wars That America Forgot About
New York Times 10/17/2010
The War: A Trillion Can Be Cheap
New York Times 07/24/2010
Rethinking the Afghanistan Warâs What-Ifs
New York Times 07/31/2010
New York Times 07/31/2010
Wall Street Journal 08/11/2010
Afghanistan's troubled national army: Fixing the unfixable
Economist 08/21/2010
The Anglo -Afghan Wars and the American experience in Afghanistan.
05/09/2010
Dalrymple documents that experience.
Grouped Articles
New York Times 05/09/2010
Toyota crisis and changes in direction for Japanese economy in 2010.
02/09/2010
Experts in Japan ponder the future direction of Japan's economy, possibly into a US style service industry dominated economy away from the mass manufacturing of the postwar era.
Grouped Articles
In Toyota Mess, Lesson for Japan
New York Times 02/09/2010
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/2010
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/2010
Toyota's Domestic Plant Problem
Wall Street Journal 02/09/2011
Shaking up Japan: Bold, or plain reckless?
Economist 02/05/2011
Toyota Unveils New Business Plan
Wall Street Journal 03/09/2011
Customer Innovation Centers.
12/27/2009
Centers that 3M has around the world that promote face to face interaction with customers, and enable adeeper awareness of how customers use a company's product.
Grouped Articles
3M Goes on Spending Spree in Bid to Ramp Up Growth
Wall Street Journal 09/10/2010
3M Brings Along the Basics As It Balances New and Old
Wall Street Journal 11/01/2010
3M’s Image Problem: Its Products Are Everywhere, but Often Overlooked
Wall Street Journal 03/11/2015
Seeing Customers as Partners in Invention
New York Times 12/27/2009
3M to Gain Broader Presence in Office-Supply Sector
Wall Street Journal 01/04/2012
CEO's Growth Pitch for 3M Proves Hard Sell
Wall Street Journal 01/23/2012
Buying out Taliban fighters in the war in Afghanistan.
11/28/2009
Grouped Articles
Leader of Pakistani Taliban Killed in Drone Strike
Wall Street Journal 11/02/2013
Around an Invisible Leader, Taliban Power Shifts
New York Times 12/28/2014
Afghans Offer Jobs to Taliban Rank and File if They Defect
New York Times 11/28/2009
Afghan Tribe, Vowing to Fight Taliban, to Get U.S. Aid in Return
New York Times 01/28/2010
The Taliban Donât Seem Ready to Talk
New York Times 01/23/2010
Few Taliban Take Up Afghanistanâs Offer to Switch Sides
New York Times 06/19/2011
Why cost of living is destroying the social compact in the US and Europe and upending governments in 2024-2025
02/24/2025
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
Turning American Finance to productive purposes.
11/11/2010
Moving American Finance away from overleveraging and speculation towards a safer and more productive role for the economy.
Grouped Articles
BusinessWeek 11/11/10
The War in Afghanistan as a Forgotten Issue in 2010.
10/17/2010
Grouped Articles
The Wars That America Forgot About
New York Times 10/17/10
Lt. Gen. John Kelly, who lost son to war, says U.S. largely unaware of sacrifice
Washington Post 03/02/11
Pakistan Spy Agencyâs Help Sought for Afghan Talks
New York Times 10/30/11
Book review: ‘The Unquiet American: Richard Holbrooke in the World’ - The Washington Post
Washington Post 11/13/11
Washington Post 12/08/11
For one war widow, moving on is a marathon - The Washington Post
Washington Post 07/09/12
The Afghanistan war in mid to late 2010.
06/02/2010
Some successes in counterinsurgency do not make up for the lack of an alternative in governance that wins credibility in Afghanistan, among the people.
Grouped Articles
Strategy vs. Tactics in Afghanistan
Wall Street Journal 06/02/10
Official Admits Militancyâs Deep Roots in Pakistan
New York Times 06/02/10
McChrystal article renews attention to split with Biden over Afghanistan
Washington Post 06/23/10
McChrystalâs Fate in Limbo as He Prepares to Meet Obama
New York Times 06/23/10
The Fury of a General, Released by Nature
New York Times 06/22/10
Sharp Words Expose Rift Over War Policy
Wall Street Journal 06/21/10
April 2010 Defense Department biannual report on the war in Afghanistan.
04/29/2010
It shows little progress from the escalated effort, and the critical fact of the lack of acceptance of the Karzai government remains. Of 92 districts assessed in this report none are sympathetic to the Karzai government.
Grouped Articles
Gates Faults Obama Over Afghanistan
Wall Street Journal 01/08/14
U.S. Report on Afghan War Finds Few Gains in 6 Months
New York Times 04/29/10
Strategy vs. Tactics in Afghanistan
Wall Street Journal 06/02/10
Official Admits Militancyâs Deep Roots in Pakistan
New York Times 06/02/10
McChrystal article renews attention to split with Biden over Afghanistan
Washington Post 06/23/10
McChrystalâs Fate in Limbo as He Prepares to Meet Obama
New York Times 06/23/10
U.S. and China- Trade Wars.
12/30/2009
American action against products from China that are dumped on the U.S. market. The unervalued Chinese currency and subsidized exports.
Grouped Articles
Wall Street Journal 10/04/11
Economist 03/31/10
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/10
How China Lost Its Mojo: One Town's Story
Wall Street Journal 09/16/13
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/10
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/10
The Eikenberry cables and the war in Afghanistan.
11/28/2009
The language is strong and rejects McChrystal's appraisal that additional troops can make the difference considering the failure of the Karzai government and the poor prospects for the Afghan army.
Grouped Articles
McChrystal article renews attention to split with Biden over Afghanistan
Washington Post 06/23/10
Weakening, possible firing of McChrystal compounds sense of peril in Afghanistan
Washington Post 06/23/10
Afghan Crisis Risks Splitting Country
Wall Street Journal 07/09/14
Afghans Offer Jobs to Taliban Rank and File if They Defect
New York Times 11/28/09
Afghan Tribe, Vowing to Fight Taliban, to Get U.S. Aid in Return
New York Times 01/28/10
U.S. Envoy’s Cables Show Worries on Afghan Plans
New York Times 01/26/10
The new administration of Yukio Hatoyama of the Democratic Party in Japan.
03/15/2009
A major postwar shift away from the Liberal Democratic Party to the Democratic Party of Japan and to a younger generation of politicians.
Grouped Articles
Once Mighty Party Falls, and Worries Grip Japan
New York Times 02/24/10
Wall Street Journal 06/10/10
Japan’s Political Dynasties Come Under Fire but Prove Resilient
New York Times 03/15/09
Japan’s Next Premier Vows to Cut Emissions Sharply
New York Times 09/08/09
Japan’s New Prime Minister Takes Office, Ending an Era
New York Times 09/17/09
Japan’s Leader Promotes $81 Billion Stimulus Plan
New York Times 12/09/09
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