Disappointing, but not shocking. The government’s report Friday that the economy created fewer jobs than expected in April—115,000—showed an unwelcome deceleration of America’s job-creating machine.…
In “Burger Flippers, Babysitting Grandmas Show Recession Lives On,” Bloomberg details where things stand for the average American.
Americans flipped more burgers, rented more homes, used less-expensive heating fuel and asked for more government hel…
Back in February, in Smells like Stagflation, we noted that most companies were planning to increase prices. Yet businesses were not planning wage increases.
Today Bloomberg reported on this troubling scenario, which appears to be playing out.
The …
