Subject: Re: Economic Disconnect
Yup, those charts you linked just scream out financial pain for working class people.

Inflation is slowing, but it's not going depreciation mode, so things are still getting more expensive. Energy costs are one of the main drivers. So what do we do ?
Drill,baby,drill and environment be damned ? Or disincentivize fossil fuels and watch gas and heating prices continue to put the squeeze on everybody except the top echelon who do not feel any financial pain, even if inflation continues to permeate thru our economy/sociey.

Should the Fed go back to ZIRP? I think the FED feels like they need to do whatever it takes now, while Biden is in office. As far as I know, Biden has not said a word about the FED policy. Contrast that with the temper tantrums Trump thru while he was in office and the FED began raising rates in 2018. Indeed, one could conclude that Trump threw gas on the inflation fire with his tax cuts, laying the foundation for this inflation.

I sure don't have the answer(s) needed to fix this, but sure would like to see our politicians focus on this, instead of the inane/insane culture wars. There are more important issues to the majority Americans than whether trans-males should be allowed to compete in female sports, or Hunter's laptop, or any of the other BS floating around.

From the article I linked, CEO's aren't exactly being generous with sharing the revenue that
has flowed into their coffers:
"in a new report by the Institute for Policy Studies (IPS). The IPS report, Executive Excess 2023, analyzes the 100 large public corporations with the lowest wages in 2022. The IPS report found that at these corporations, a group that includes many of the nation's largest employers, "CEO pay averaged $15.3 million and median worker pay averaged $31,672." That's a ratio of 603 to 1. "

"For example, at Dollar Tree ' a company that employs nearly 200,000 people ' the median wage is just $14,702, but its CEO, Michael Witynski, received $13.98 million in total compensation. That's a ratio of 951-to-1"

"Other major companies with low wages and massive CEO-to-employee pay ratios include TJX, (the parent company of Marshall's and TJ Maxx, 2,249-to-1), Coca-Cola (1,883-to-1), Yum Brands (the parent company of Pizza Hut, Taco Bell, and KFC, 1603-to-1), Chipotle (1,073-to-1), and Walmart (933-to-1)."