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Posted inOp-Eds, Opinion

The risk of inflation is real — and growing

The succession of government stimulus packages to combat the COVID-19 pandemic has increased the broad supply of money in the United States from $15.5 trillion in February 2020 to a whopping $19.4 trillion in January. That is a record one-year increase, according to statistics from the Federal Reserve Bank of St. Louis. Biden’s billions will come on top of that.

Posted inOp-Eds, Opinion

The Triangle Fire and the fight for $15

From the outset, the minimum wage was designed to be a living wage. Roosevelt had long championed the “change from starvation wages and starvation employment to living wages and sustained employment,” but he had to rely on voluntary compliance from industry.