The chairman of the US Federal Reserve, Jerome Powell, said his goal is “to get wages down.”
US Federal Reserve Says Its Goal Is ‘To Get Wages Down’
H/T: THE NEW DARK AGE
Tag: Jobs
Univision Anchor Tells Biden To ‘Stop the Blame Game’ On Inflation Crisis
Notes from Eritrea
BAR contributor Ann Garrison continues her reporting from the Horn of Africa. She is now in Eritrea.
Notes from Eritrea
The real Zelensky: from celebrity populist to unpopular Pinochet-style neoliberal
Ukrainian academic Olga Baysha details Volodymyr Zelensky’s embrace of widely loathed neoliberal policies, his repression of rivals, and how his actions fueled the current war with Russia.
The real Zelensky: from celebrity populist to unpopular Pinochet-style neoliberal
US narrative won’t survive defeat in Donbass
America Is Headed for Class Warfare + More
Nothing has revealed the class divide in the U.S. quite like runaway inflation and skyrocketing gas prices. But in addition to the economic impact the staggering incompetence of the Biden administration is having on the working class, there is a political one; it’s undeniably driving working class voters even further from the Democrats and toward the GOP.
America Is Headed for Class Warfare
Related:
“It’s just really hard to live”: Chicago workers describe impact of surging food and gas prices
Larry Summers Shares the Blame for Inflation
Politicians in Washington must stop scapegoating China for their own incompetence
The Hill Congress Blog: Politicians in Washington must stop scapegoating China for their own incompetence to solve domestic problems while fanning anti-Asian racism in an already divided society. Bucking the anti-China trend. 美國國會博客：華盛頓的政客們必須停止將中國作為自己無能解決國內問題的替罪羊，同時在一個已經分裂的社會中煽動反亞裔種族主義。 逆流而上。 2-17-22
Politicians in Washington must stop scapegoating China for their own incompetence
Related:
The Fed is about to raise interest rates and shaft American workers – again
Policymakers fear a labor shortage is pushing up wages and prices. Wrong. Real wages are down and workers are struggling
The Fed is about to raise interest rates and shaft American workers – again
Justin Podur on Trevor Noah on China in Africa. Why Comparing Chinese Africa Investment to Western Colonialism Is No Joke.
The West colonized and enslaved Africa for centuries at the point of a gun, and then sought to continue its colonization through financial weapons. The wealth and power of Europe was created through extraction and colonization. China has no history, need, or desire for colonization. It developed independently and has had amicable and equal relations with Africa for millennia. The CPC has supported African liberation movements, unlike the west, which violently suppressed them.
Justin Podur on Trevor Noah on China in Africa. Why Comparing Chinese Africa Investment to Western Colonialism Is No Joke.
Ms. Cat’s Chronicles 
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