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Wages Support Fed Easing

The Employment Cost Index (ECI) for wages and salaries which increased at an annual rate of 3.83% in the first quarter rose by only 1.45% in the second quarter, a reduction that clearly reflected the impact of the stupendous increase…

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Social (In)Security

Concerns regarding Social Security are likely to intensify as recent reports suggest that there will not be a rapid recovery from the record contraction in the U.S. economy.  Is this now the crisis that will cause politicians to address the…

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Immigration Insanity

Under the pretext of the pandemic and the desire to protect American jobs, the administration expanded its efforts to eliminate almost all categories of immigration.  Following up on the April executive order which suspended issuance of green cards, the most…

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