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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
Action to cut single use plastic bags and packaging 2025
11/27/2024
Efforts to end the use of single use plastics that are a threat to health and the environment, land, rivers and oceans. The use of plastic water bottles has worsened the crisis. Supermarkets are slow in the US to ban plastic bags showing need for prudent regulation. Talks in Busan, South Korea, in Nov 2024 to find a solution to the plastics proliferation crisis. The plastics industry including plastics makers and recycling companies say things are under control with recycling goals, yet reports show only 30% of plastics is being recycled each year in 2024, and going back to the beginning of plastics 2 decades back only about 10% has been recycled.
Grouped Articles
Inside the Plastic Industry’s Battle to Win Over Hearts and Minds
NYTimes.com 11/27/2024
Washington Post 06/10/2024
China Tries to Stem the Flow of Its Plastic Waste
WSJ 01/20/2020
Plastic Water Bottles, Which Enabled a Drinks Boom, Now Threaten a Crisis
WSJ 12/12/2018
New York Businesses Anticipate Plastic-Bag Ban
WSJ 02/27/2020
Supermarkets in France forced to ditch plastic and set up ‘refill stations’ selling unpackaged goods
The Times 04/01/2021
Immigration in Canada.
11/12/2010
The success of Manitoba in attracting immigrants. The public support for immigration in Canada. The point system, and the absence of a border such as the US has with Mexico, creates a favorable attitude to immigration among Canadians. About 20% of Canadians are immigrants compared to 12.5% in the US, making them a signifcant bloc in elections.
Grouped Articles
Defying Trend, Canada Lures More Migrants
New York Times 11/12/2010
Immigrants Aren’t Taking Americans’ Jobs, New Study Finds
The New York Times 09/21/2016
Britain's Labor Party in 2010-2015
09/25/2010
The election of Ed Miliband to head the party. The impact of the coalition government's austerity measures and deep cuts on Labor, and union support for Ed Miliband that enabled him to win. Shaky support for Liberal leaders in the coalition from their rank and file. Concern about the austerity measures and their impact on growth.
Grouped Articles
U.K.'s Labour Party Moves Back Toward Socialist Ideas
Wall Street Journal 09/25/2013
Economist 02/04/2014
Tax rates in Britain: François Miliband
Economist 02/04/2014
Conservatives Fare Poorly in British Races, London's Mayor Aside
New York Times 05/04/2012
Britain’s Surprisingly Unpredictable Election
Wall Street Journal 04/26/2015
In U.K. Election, It’s Jobs Boom vs. Stagnant Wages
Wall Street Journal 05/07/2015
GM's IPO offering for November, 2010, and its share price
06/22/2010
General Motors' IPO offering and efforts to pay back about $50 billion of loans to the U.S. government following the government bailout of GM and taking a 60% stake in the company.
Grouped Articles
GM Earnings: Weaker North America Hits Profit
Wall Street Journal 05/03/2013
U.S. to Sell Rest of GM Stake by Year-End
Wall Street Journal 11/22/2013
GM's IPO May Require Hefty Incentives
BusinessWeek 07/15/2010
U.S. Remaining Stake in General Motors
Wall Street Journal 12/10/2013
GM Could Be Free of Taxes for Years
Wall Street Journal 11/03/2010
IPOs Set to Raise Most Cash Since Crisis
Wall Street Journal 05/12/2013
U.S. Budget Deficit: 2010-2012
06/01/2010
Increasing concern about the deficit and efforts to cut the deficit.
Grouped Articles
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Jobs Bill vs. Deficit, a Showdown in the Senate
New York Times 06/01/2010
The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/2010
Bush Tax Cuts: Now That's Rich
New York Times 08/22/2010
Alice Rivlin's Bid to Cut the Deficit
BusinessWeek 10/21/2010
Roubini on China, currency issues, and domestic consumption in China.
05/17/2010
By letting the yuan China can shift the benefits to households, who will have more purchasing power, and reverse the shift that has taken place in the last 10 years, with domestic consumption making up about 36% of GDP- down by about 10 points from ten years earlier. State owned companies gained at the expense of households, as did infrastructure spending, but it is leading to misallocation of investments and hurting households. As a result China will hit a growth wall in the next 2-3 years, says Roubini.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
New York Times 09/30/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
New York Times 09/25/2010
JetBlue's experiential marketing effort.
05/09/2010
Using flyer comment such as the favorable opinions about legroom in a special location called experience in the JetBlue website.
Grouped Articles
JetBlue Dares to Poke Fun at Its Competitors
New York Times 10/13/2010
JetBlue CEO in Hot Seat as Airline Lags Rivals
Wall Street Journal 05/13/2014
JetBlue Asks Its Fliers to Keep Spreading the Word
New York Times 05/09/2010
Wall Street Journal 02/08/2012
Books and stories about the 2008 financial crisis, financial collapse on Wall Street, and the men who made it happen.
01/02/2009
Stories by Lowenstein, Gross and Lewis.
Grouped Articles
âAlchemistsâ Looks at Central Bankersâ Handling of Crisis
New York Times 05/04/2013
On Wall St., A Culture of Greed Won't Let Go
New York Times 07/15/2013
Commentary: First, Slap Limits on Bank Leverage
BusinessWeek 03/11/2010
BusinessWeek 04/01/2010
How the 'Wolf of Wall Street' Really Did It
Wall Street Journal 01/04/2014
Wall Street Journal 03/06/2009
China's difficult political-economic choices in the post 2010 period.
01/06/2008
The difficult choices in the new environment- transition to a new leadership, how to change the export model without serious disruptions, how to deal with western demands for balanced global growth, dealing with the inequality and corruption generated in the kind of growth China experienced (by the fiat of the State), opening up freedom of expression to curb corruption and to provide representation for hitherto blocked out voices, transition to freedom of expression and democratic processes without serious disruption to thegrowth needed for employment and improvements in the standard of living across all parts of society and regions, reducing or channelling to constructive ends prevailing nationalistic, anti-western or anti-Japanese sentiment. The new leadership of Xi Jinping and Li Keqiang is expected to be more outward looking than than of Hu Jintao and Wen Biao and comes at atime when China needs to make some difficult choices about future direction.
Grouped Articles
Wall Street Journal 07/01/2013
The Slowing of Two Economic Giants
New York Times 07/14/2013
Wall Street Journal 07/15/2013
How China Lost Its Mojo: One Town's Story
Wall Street Journal 09/16/2013
Chinaâs Economy, Back on Track
New York Times 10/04/2013
Xia Yeliang: The China Americans Don't See
Wall Street Journal 10/26/2013
Questions about China's one-child policy.
06/30/2006
The fertility rate is estimated by one the Chinese Academy of Social Sciences to be at most 1.6, having dropped from close to 3 when the policy was introduced in 1980. Does this policy make sense as the population ages ask critics in the Chinese media? The impact of demographics on China's future.
Grouped Articles
The Slowing of Two Economic Giants
New York Times 07/14/2013
Washington Post 11/16/2013
China to Ease Longtime Policy of 1-Child Limit
New York Times 11/15/2013
Wall Street Journal 11/16/2013
Calculating Shift to What May Really Be 1.5-Child Policy
Wall Street Journal 11/16/2013
Nicholas Eberstadt: China's Coming One-Child Crisis
Wall Street Journal 11/27/2013
Income and Wealth Gaps US 2025- Top 10 percent support 50 percent of consumer spending in 2024
02/24/2025
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 02/24/25
The week Kamala Harris became the 2024 Democratic nominee in 48 hours
07/25/2024
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
View from the Top: John Malone of Liberty talks about the economic future.
07/30/2014
Malone sees the conditions in the macroeconomic picture, as critical in the future for all companies. He thinks things will be pretty tough in the next 1-2 years. It will be the bigger consumer sentiment and retail picture that will determine how his industry will do, says Malone.
Grouped Articles
For Liberty Global, the Next Step Is the Content
Wall Street Journal 07/30/14
GM's (General Motors) tax advantages from the bailout
11/02/2010
An advantage worth about $45 billion in future taxes.
Grouped Articles
Wall Street Journal 11/02/10
GM Could Be Free of Taxes for Years
Wall Street Journal 11/03/10
Wall Street Journal 11/03/10
Tax Breaks for Bailout Recipients Stir Up Debate
Wall Street Journal 12/03/10
The Bush tax cuts in 2010.
08/05/2010
In the face of rising deficits, and questions about the future solvency of Medicare and Social Security, there are questions about the Bush tax cuts which expire in December 2010 if not renewed. With high unemployment the consensus seems to be to leave the tax cuts in place for a limited period, and have serious conversation about taxes when a new presidential term begins. A Value added Tax has been suggested by Paul Volcker, similar to that in Europe.
Grouped Articles
The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/10
New York Times 08/21/10
Bush Tax Cuts: Now That's Rich
New York Times 08/22/10
Why the Rich Donât Need a Tax-Cut Extension
New York Times 09/25/10
Tax-Cut Vote Shows Democratic Divide
Wall Street Journal 12/03/10
New York Times 12/02/10
George Papandreou's leadership during the Greece crisis- 2010-2011
06/15/2010
Papandreou has provided leadership on the issues facing Greece by walking the talk, with straight talk about the action needed, consulting economic experts in America who are in his inner circle, and working with European leaders for solutions. He has kept his profile modest and set a role model for his ministers and public officials.
Grouped Articles
George Papandreou Finds Balm for Greece Deficit
New York Times 06/15/10
BusinessWeek 06/24/10
At Impasse, Greek Leader Vows to Reset Cabinet
New York Times 06/15/11
Greek Leader Faces Key Confidence Vote
Wall Street Journal 06/21/11
Wall Street Journal 06/21/11
New York Times 06/21/11
Charles Schwab management
05/27/2010
The brokerage company for the common man has grown 25% after the problems at Merrill, Wachovia and other firms, but Charles Schwab, the founder, is nervous about the violent nature of today's markets.
Grouped Articles
Pain of Thain Falls Mainly on Merrill
Wall Street Journal 06/06/13
Chuck Schwab Is Worried About Small Investors. Should We Worry Too?
BusinessWeek 05/27/10
Small Investors Flee Stocks, Changing Market Dynamics
Wall Street Journal 07/12/10
Enough With the Low Interest Rates!
Wall Street Journal 10/02/10
Charles Schwabâs YieldPlus Fund Offered a Losing Bet
New York Times 01/13/11
Wall Street Journal 02/06/12
Bank of England Governor Mervyn King and warnings about U.K.'s fiscal deficit.
05/13/2010
With the budget deficit approaching 12% King's comments during the election about the fiscal deficit made it a key issue for voters.
Grouped Articles
The Bank of England's Kingmaker
BusinessWeek 05/13/10
A Crisis of Faith in Mervyn King, Britain's Central Banker
New York Times 02/06/11
Speed Overhaul, Banker Tells U.K.
Wall Street Journal 03/02/11
U.K. Bond Buys Aren't a Sure Cure
Wall Street Journal 10/08/11
Trade Imbalance Worries Mervyn King, Departing British Central Banker
New York Times 12/10/12
The U.S. Financial Crisis Inquiry Commission
01/14/2010
Phil Angelides, California state Treasurer, heads the commission. The commission will attempt to get at the roots of the financial crisis, keep the public informed about why this happened, and bring those who violated laws to the attention of the nation's law enforcement agencies.
Grouped Articles
Panel Told of F.B.I. Efforts to Fight Financial Crime
New York Times 01/15/10
Wall St. Ethos Under Scrutiny at Hearing
New York Times 01/14/10
Few Burns for Four Bankers on the Hot Seat
New York Times 01/14/10
Voices That Dominate Wall Street Take a Meeker Tone on Capitol Hill
New York Times 01/14/10
Financial Inquiry Widens to Include Past Regulators
Wall Street Journal 01/14/10
New York Times 01/15/10
The Failure of Infrastructure Building under the Obama administration.
10/21/2008
Only a small portion- about one fifth according to one estimate- of the $787 Stimulus Bill was actually allocated for infrastructure building. And in some cases such as high speed rail only $8 billion was allocated, clearly insufficient to build a high speed rail system in te USA. And public perception is that infrastructure allocation has already taken place, so it has ceased to be a priority even though the nation's infrastructure needs rebuilding.
Grouped Articles
New York Times 09/06/11
A Slowdown on the Road to Recovery
Wall Street Journal 10/14/13
Obama's Infrastructure Plan: More Cash Could Hit the Road
BusinessWeek 09/08/10
Infrastructure spending: False expectations
Economist 10/23/10
Obama Successes Outweighed by Job Losses
New York Times 10/26/10
Pitch for Rebuilding Infrastructure Carries Political Challenges
New York Times 01/24/11
Germany's Kurzarbeit plan and other methods of softening the impact of a recession on jobs and wages.
10/28/2006
About 1.5 million employees used the Kurzarbeit short work week schedules according to the German labor agency. In the latest month March 2010, 693,000 workers were on the Kurzarbeit short week schedule.
Grouped Articles
The Price of Saving Jobs in Germany
BusinessWeek 07/29/10
Germany's economy: Angela in Wunderland
Economist 02/05/11
Fixing America's Economy: Nine Ideas from Around the World
BusinessWeek 06/08/11
Wall Street Journal 11/21/11
The Age of the Superfluous Worker
New York Times 11/24/11
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/12
Shift to fuel efficient engines will reduce oil demand in China.
04/12/2006
The gradual phasing out of polluting and inefficient one cylinder engines called "inkfish" used by poorer people. About 36 million of these types of low tech engines are currently sold.
Grouped Articles
China Has Big Eyes, Little Stomach for Oil
Wall Street Journal 08/27/15
China's Thirst for Oil Could Come Up Short
Wall Street Journal 06/01/10
Wall Street Journal 07/18/10
Obama administration set to raise fuel efficiency standards, but by how much? - The Washington Post
Washington Post 05/13/11
As the Price of Gasoline Takes Off, Oil and Auto Firms Trade Barbs
Wall Street Journal 04/12/06
New Mileage Rules Debated by Carmakers and White House
New York Times 07/03/11
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