Wall Street Journal (June 27)
“Workers throughout the economy are demanding bigger raises to compensate for soaring prices. This could push inflation higher as companies pass along higher wage costs in the price of goods and services.” Though bond markets haven’t determined “how serious the Fed is about controlling inflation… workers aren’t waiting to find out as they seek higher pay.”
Tags: Bond market, Compensate, Demanding, Economy, Fed, Goods, Inflation, Pay, Raises, Services, Soaring prices, Wage costs, Workers
New York Times (November 7)
“The competition to get into higher-ranked universities is destroying the lives of young people and their families in countries like South Korea and Japan…. The paradox is these ridiculous tests don’t necessarily lead to demanding college classes.”
Tags: Classes, College, Competition, Demanding, Families, Japan, Paradox, Ridiculous, South Korea, Tests, Universities, Young people