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Wealth and Power

Wealth and Power

Orville Schell

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Tag: Consumer Prices

Photo by Walmart (CC-BY)

Pennies at the Register, Dollars in the Paycheck

Is it really true that higher wages would be devastating for individual consumers? The answer, it seems, depends on your definition of “devastating.”

Posted on Aug 2, 2013 READ MORE

gas prices
AP photo / Lisa Poole

Inflation Runs at a 26-Year High

The once-mighty U.S. dollar is full of hot air, or at least the rate of inflation is at a 26-year high due to the recent economic toils and astronomical energy prices. Prices U.S. consumers pay shot up 1.1 percent in June—or more directly, your paycheck just got 1.1 percent smaller.

Posted on Jul 16, 2008 READ MORE

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