The United States boasts the lowest inflation rate of the OECD nations, and that rate is holding steady at about 3.5%. Yet the common American is having trouble affording basic goods and services. Perhaps that’s because of record corporate profits, …
Tag: Record corporate profits
Economic Challenges to Today’s World
Record corporate profits, inflation, sub-living wages, COVID, declining educational standards, jobs moving overseas, virtually no unemployment, and the rise in automation replacing human labor. These are some of the macro-economic factors that make life so tough for us today. Then …
