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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

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 02/24/2025

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 07/30/2014

The influence of outside groups in elections as the ad and other spending exceeds $2 billion for the 2010 midterm elections.

10/26/2010

As candidates raise increasing amounts of money their positions on legislation is increasingly influenced by outside groups. Large amounts of television ad spending also tends to distort the public's perception of important issues by offering simplistic or distorted view of the facts or resorting to labeling of opponents regardless of the facts. In some situations right policy choices may be affected.

Grouped Articles

House and Senate shatter fundraising records for midterm election and may exceed $2 billion

Washington Post 10/26/2010

How the Rout Was Won: Careful Plans, Timely Wave

Wall Street Journal 11/03/2010

Unaligned Voters Tilt Rightward En Masse

Wall Street Journal 11/03/2010

With Democrats Ascendant, California Votes Contrarian

Wall Street Journal 11/03/2010

Dissecting the 2010 Midterm Election Exit Polls

New York Times 11/06/2010

Tom Donohue: Obama's Tormentor

BusinessWeek 11/03/2010

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 05/13/2010

A Crisis of Faith in Mervyn King, Britain's Central Banker

New York Times 02/06/2011

Speed Overhaul, Banker Tells U.K.

Wall Street Journal 03/02/2011

U.K. Bond Buys Aren't a Sure Cure

Wall Street Journal 10/08/2011

Trade Imbalance Worries Mervyn King, Departing British Central Banker

New York Times 12/10/2012

China wage increases and government policy to promote domestic consumption.

01/05/2008

Wage increases of 20% at Hon Hai and upto 100% at Honda factories in China from wages that were kept low for the export market, are now the trend in China. The government policy is shifting to encourage such wage increases to promote domestic consumption and reduce an overreliance on export markets for growth. This is happening just as trade tensions are increasing with the USA.

Grouped Articles

Beijing Signals a Shift on Economic Policy

New York Times 05/24/2013

Honda's Long-Haul Dilemma in China

Wall Street Journal 06/24/2010

Interview With Japan Foreign Minister Katsuya Okada

Wall Street Journal 09/02/2010

Yuan's Rise Hurts China's Exporters

Wall Street Journal 01/20/2014

China Will Keep Growing. Just Ask the Soviets.

New York Times 10/24/2014

Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish

New York Times 12/26/2014


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