The federal government remains generous, with a model based on redistribution, advantageous unemployment and wages and pensions indexed to inflation. But the public debt and…
Posts tagged as “Wages”
by TYLER DURDEN Following last month’s big miss, analysts expected a modest uptick of 150k new jobs in today’s ADP Employment Report, but instead –…
by Michael Hudson Economist Michael Hudson explains the inflation crisis and the US Federal Reserve’s “austerity program to reduce wages.” Western so-called economics experts are…
BY TYLER DURDEN Tens of thousands of railway workers are preparing to strike across Britain and may cause transportation chaos next week as they…
by Jesse Martin Inflation is the highest it has been in 41 years and low-income families suffer most from it Biden is the most anti-working…
BY SAMUEL MANGOLD-LENETT The real wages of America’s workforce are falling rapidly. Wage growth is falling further and further behind as inflation continues to…
BY TYLER DURDEN Via SchiffGold.com, Despite the biggest increase in average hourly wages for production and non-supervisory workers in 40 years, these people are…
BY JOHN RUBINO US headline inflation exceeded 7% in 2021. But rent increases put the Consumer Price Index to shame, soaring an average of 13.5%.…
By Tyler Durden First the good news: wages are rising; now the bad news: prices are rising much faster than wages. The October CPI report…
By Michael Snyder If we keep going down this path, soon we won’t have much of a “middle class” at all. When I first started…