At least the war is off the front page.
That's right, just 6 weeks into it and already the Wall Street Jornal has decided the war only merits one article in the main section. In the NY Times, it's still the whole top of the page and part of the bottom but Mr. Murdoch has decided he wants us to move on and stop bothering his pal Putin (and, as far as Trump goes – was he even ever in trouble?). I listed my grievances against the press last Tuesday so I'll save the rest for Festivus (Dec 23rd)
The war we need to be fighting this month is the war against Inflation and tomorrow we get our CPI Report, which we believe will be much higher than expected by leading Economorons because EVERY SINGLE COMPONENT of the CPI Report was higher in March than it was in February (7.9%).
We are living through the worst inflation since 1981 and let's keep in mind that the minumum wage in 1968 was $1.60/hr, $2 in 1974 (up 25%), $2.10 in 1975 (up 5%), $2.30 in 1976 (up 10%), $2.65 in 1978 (up 15%), $2.90 in 1979 (up 9.5%), $3.10 in 1980 (up 6.8%) and $3.35 in 1981 (up 8%) – that's a total of 109% in 13 years.
13 years ago, in 2009, the minumum wage was $7.25/hr and, during infaltion that's as bad as it was in the 80s, 13 years later it's $9.20/hr (up 27%) as all this talk of phasing in $15/hr is mostly talk so far. We talked last Friu
IN PROGRESS
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