Pay has fallen further behind the rising cost of living, according the latest official data. Not for corporate profits.
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BBC – Britain: Inflation drives fastest fall in real pay on record
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Jo Michell: Inflation Is the Symptom, Not the Disease
Right-wingers want to blame inflation on workers’ wage demands, but the real culprits are their own policies – and the failure to invest in the climate transition. Read here Credit: Getty Images
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I consider that there is little hope that European Commission will be able to resume its Excessive Deficit Mechanism process in 2022 without causing massive damage to already damaged economies. But I have no doubt […]
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