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Feb 22 2022
Analysis
Inflation could cost Democrats control of Congress
The incumbent president’s party almost always struggles during midterm elections. But President Joe Biden may face a particular challenge no president has faced in midterms for nearly 50 years: declining incomes due to high inflation.
This is rare. University of Denver political scientist Seth Masket has modeled how changes in real per capita disposable income are related to midterm
VoxJul 17 2022
News
Voters See a Bad Economy, Even if They’re Doing OK
The fastest inflation in four decades has Americans feeling dour about the economy, even as their own finances have, so far, held up relatively well.
Just 10 percent of registered voters say the U.S. economy is “good” or “excellent,” according to a New York Times/Siena College poll — a remarkable degree of pessimism at a time when wages are rising and the unemployment rate is near a 50-
New York Times (News)Sep 28 2020
News
The $4 trillion U.S. government relies on individual taxpayers
The U.S. government’s over $4 trillion (£3.12 trillion) annual budget, the world’s largest, relies heavily on individual wage earners whose taxes and retirement benefits are deducted from every paycheck, leaning particularly on the top 20% of income earners.
ReutersJan 29 2022
News
US Labor Costs Rose in 2021 at Fastest Pace In 20 Years, Adding to Signs of Sticky Inflation
The cost of hiring new employees and retaining existing ones rose in 2021 at its fastest pace in 20 years, according to new Labor Department figures, which provide a fresh data point on the inflationary pressures that have gripped the U.S. economy and sent the Fed scrambling to dial back its loose monetary settings.
The Labor Department said on Jan. 28 (pdf) that the U.S. Employment
The Epoch TimesJul 09 2021
Analysis
These 7 markets will be the target of Biden’s new anti-monopoly executive order
President Biden will sign an executive order Friday afternoon that takes aim at what the White House describes as the growing problem of corporate consolidation in U.S. and the higher prices, lower wages and reduced choice it imposes on workers and consumers.
The move is the latest salvo in a deepening war between the federal and state governments and big business over monopoly power
MarketWatchJan 25 2022
News
Inflation
“With inflation punishing consumers and threatening the economy, the Federal Reserve this week will likely signal its intent to begin raising interest rates in March for the first time in three years.” (AP News)
“Inflation jumped at its fastest pace in nearly 40 years [in December], a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping
The Flip SideNov 09 2020
Analysis
Audit? Canvas? What do all these election terms mean?
The legal battle President Trump’s reelection campaign is waging to contest the results in multiple states that appear to have swung the Electoral College majority to Democratic challenger Joe Biden has put some unfamiliar election-related jargon in the news.
Audits, recounts, canvassing — what does it all mean?
Washington ExaminerMar 31 2022
News
Trump asks Putin to provide dirt on Hunter Biden as war in Ukraine rages
Former President Donald Trump called on Russian President Vladimir Putin to release information about alleged business dealings President Joe Biden's son Hunter Biden has entered with Russian oligarchs.
Trump made his request during an interview with Just the News that will air Tuesday evening, and it comes as Russia wages a war in Ukraine.
Trump specifically referenced a 2020
Washington ExaminerMar 14 2022
Analysis
The New York Times Publishes Chinese Communist Party Propagandist without Disclosure
A Sunday guest essay in the New York Times from a Dr. Wang Huiyao submits that the People’s Republic of China can play a key role in brokering a peace agreement in the ongoing war Russia is waging against Ukraine. Wang is a Chinese Communist Party propagandist, but the Times failed to disclose his affiliation despite its obvious relevance to his making an argument that would increase Beijing’s
National Review (News)Sep 14 2021
News
Amazon boosts average starting pay to $18 an hour for 125,000 new hires
Amazon said on Tuesday it is boosting its average starting wage to $18 an hour for 125,000 new hires in the U.S., in jobs in transportation and fulfillment. Some locations are also offering sign-on bonuses of up to $3,000.
The new jobs may pay up to $22.50 an hour in some locations, Amazon said. The roles also provide full-time workers with health, vision and dental insurance, as well
CBS News (Online)