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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 02/15/2025
The U.S. Economy Depends More Than Ever on Rich People
WSJ 02/24/2025
Grouped Articles
Nuclear weapons: The new nuclear age
Economist 04/05/2015
Race for Latest Class of Nuclear Arms Threatens to Revive Cold War
New York Times 04/16/2016
New York Times 11/20/2010
Farewell to the Age of the Treaty
New York Times 11/21/2010
The Case for Ratifying New Start
Wall Street Journal 11/24/2010
From 16 Leading Britons, a Plea for the Arms Treaty
New York Times 11/29/2010
Apple is going after the Chinese market in earnest in 2010 after a slow start.
Grouped Articles
Apple Faces Dilemma Over Strategy in China
Wall Street Journal 04/24/2013
Wall Street Journal 09/11/2013
Apple's 'Low End' Strategy Disappoints
Wall Street Journal 09/11/2013
Apple Won't Go for Broke in China
Wall Street Journal 09/12/2013
Apple, China Mobile Sign Deal to Offer iPhone
Wall Street Journal 12/05/2013
China Deal Gives Apple Big Market to Court
New York Times 12/22/2013
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
A husband and wife who started this as a hobby.
Grouped Articles
The Top-Rated Place to Eat Is Home
New York Times 10/08/10
Zagat Gives Google Street Cred
Wall Street Journal 09/09/11
Wall Street Journal 09/09/11
With Frommer's, Google Taps Gurus
Wall Street Journal 08/14/12
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