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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

Workers and Managers

11/21/2010

Grouped Articles

Chinese, Indian Workers Give Bosses Top Marks

Wall Street Journal 11/21/2010

Google’s 8-Point Plan to Help Managers Improve

New York Times 03/12/2011

Managers and workers at Boeing.

11/20/2010

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

Boeing Makes Peace With Labor

Wall Street Journal 12/01/2011

Machinists and Boeing Reach Deal

New York Times 11/30/2011

Boeing Teams Speed Up 737 Output

Wall Street Journal 02/07/2012

Inflation in India : 2009-2014

05/13/2010

The poor monsoon in 2009 was a major factor in the rise of prices paid by consumer and farm workers, which saw arise of 14% annually by mid 2010, and were the highest of 17 countries in the Asia-Pacific region in Bloomberg tracking. The Reserve Bank of India (RBI), India's central bank, is making efforts to control inflation with interest rate increases.

Grouped Articles

How Duvvuri Subbarao Is Steering India's Economy

BusinessWeek 05/13/2010

India's Central Bank Surprises Markets With Rate Increase

Wall Street Journal 09/21/2013

India's Central Banker Lobbies Fed

Wall Street Journal 10/13/2013

Balancing Act for India’s Top Banker

New York Times 11/07/2013

Staying Away from Indian Bonds

Wall Street Journal 12/18/2013

Setting a Course for India's Inflation Nirvana

Wall Street Journal 01/23/2014

Worker gains in the U.S. for the decade 2000-2010.

01/01/2010

Net additions to jobs in the first decade of the 21st century is zero says Neil Irwin of the Washington Post. Numbers for the decades since the 40's shows continuous job growth before that.

Grouped Articles

U.S. economy took a dive in the 2000s, a lost decade for workers

Washington Post 01/01/2010

Not a Total Economic Washout

New York Times 01/03/2010

Aughts were a lost decade for U.S. economy, workers

Washington Post 01/02/2010

When Democracy Weakens

New York Times 02/11/2011

Four Common Unemployment Myths

Wall Street Journal 04/06/2012

Changes in China's factories in 2010-2013. Changing manufacturing.

01/05/2008

Conditions at Hon Hai and a strike at Honda are part of a changing picture of worker dissatisfaction with wages and discipline at Chinese factories. The period of low prices and worker discipline of the kind that prevailed for several decades of industrialization appears to be closing. The Chinese government is also having second thoughts as America and Europe are no longer the growing markets they used to be, and as it weighs a policy shift to domestic consumption.

Grouped Articles

China: A Billion Strong but Short on Workers

Wall Street Journal 05/02/2013

China Manufacturers Survive by Moving to Asian Neighbors

Wall Street Journal 05/02/2013

China Factories Try Karaoke, Speed Dating to Keep Workers

Wall Street Journal 05/03/2013

Strains Show in China's Job Market

Wall Street Journal 06/11/2013

Honda Revs Up Outside Japan

Wall Street Journal 12/21/2011

Unrest May Signal New Phase in China Economy

New York Times 05/29/2010


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