The federal poverty line does not capture the economic hardship that half of Americans face.
economy
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Get our state back to work by getting fully vaccinated
Controlling COVID and fully reopening schools and shopping and entertainment venues will take the pressure off struggling families.
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Posted inNation & World, Uncategorized
U.S. consumer prices soared 6.2% in past year, most since 1990
Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990.
Posted inBusiness, Nation & World
Biden’s bet that economy would boost Democrats falls flat
Americans have turned pessimistic about the nation’s financial condition as inflation has persisted.
Posted inEditorials, Opinion
Our View: Global causes, local impacts with supply chain woes
Mainers are seeing higher prices and few choices due to the worldwide disruptions caused by COVID.
Posted inLocal & State, News, Politics
Mills earns praise, criticism for pandemic response as re-election campaign looms
In an exclusive Blaine House interview, the governor talks about her decisions on COVID-19, vetoes she’s issued and other topics as Maine gears up for 2022 gubernatorial race.
Posted inOp-Eds, Opinion
Jim Fossel: Jump in prices should worry Democrats on path to midterms
If inflation is a problem in 2022, voters will have reason to blame the majority party, both in Augusta and in Washington.
Posted inBusiness, Nation & World
Wage of $15 becoming a norm as U.S. employers struggle to fill jobs
The $7.25-an-hour federal minimum wage has now gone the longest stretch without an increase since it was first introduced in 2009.
Posted inEditorials, Opinion
Our View: This is not your father’s inflation
The economic conditions that drove double-digit inflation in the 1970s are not at play today.
Posted inBusiness, Nation & World
U.S. economy grew 6.4% in 1st quarter, and it’s likely just the start
Additional economic data points to a nation that has regained its footing quickly after being thwacked by a global pandemic, though jobless claims remain stubbornly above 400,000.