On the Significance of Xi Jinping Thought on China and its Development
…
Mao Zedong made the Chinese nation stand up, Deng Xiaoping made the Chinese people rich, and Xi Jinping will make the Chinese people strong.
China’s Quantum Leap Forward
Tag: wage growth
The Federal Reserve is poised to punish workers even as paychecks have been shrinking
The big jump in hourly pay in November isn’t inflationary. Working families’ real earnings are no higher than they were before the pandemic.
The Federal Reserve is poised to punish workers even as paychecks have been shrinking
Biden calls on Congress to impose rail contract in a major assault on workers’ democratic rights
President Biden published a statement Monday night calling on Congress to intervene to block a national rail strike and impose a contract which tens of thousands of railroad workers voted down. A few hours later, outgoing Speaker Nancy Pelosi announced the House of Representatives would take up such a bill this week and send it to the Senate with the “hope that this necessary, strike-averting legislation will earn a strongly bipartisan vote…”
Biden calls on Congress to impose rail contract in a major assault on workers’ democratic rights
Is the cure for inflation worse than the disease?
The last year of inflation has disproportionately hurt low-income and nonwhite families — those with the least flexibility in their monthly budgets to absorb higher prices.
Is the cure for inflation worse than the disease?
Weak US jobs report not weak enough: Financial markets plunge
The U.S. Bureau of Labor Statistics (BLS) reported Friday morning that just 263,000 jobs were added in the month of September, down from 315,000 in August. The total of new jobs matched the previous low, in April of 2021, for monthly job creation over the past 20 months.
Weak US jobs report not weak enough: Financial markets plunge
Millionaires’ Congress threatens to intervene against potential US railroad strike
Congress intends to intervene to prevent a national rail strike and unilaterally impose a concessions contract, Steny Hoyer, the second highest ranking Democrat in the House of Representatives, told Bloomberg News on Monday.
Millionaires’ Congress threatens to intervene against potential US railroad strike
Video via Anarchistara