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Is Pay Beating Inflation? It's Complicated.

Authors :
CASSELMAN, BEN
Source :
New York Times. 10/30/2024, Vol. 174 Issue 60323, pB1-B4. 2p.
Publication Year :
2024

Abstract

The article examines the relationship between wages and inflation, noting that while wages have generally outpaced prices, individual circumstances can vary. It discusses factors like job changes and demand for raises that influence this dynamic, as well as the impact of inflation on expenses such as housing. The article also explores the potential effects of a second Trump administration on Tesla and Elon Musk, focusing on issues like clean air credits, manufacturing subsidies, and autonomous driving regulations. It suggests that Musk may leverage his position to advocate for autonomous driving technology and federal legislation, while also highlighting challenges Tesla faces, including legal disputes over its driver-assistance software and opposition from the United Automobile Workers union. Additionally, the article touches on the potential impact of Republican policies on tax credits for electric vehicles and the differing perspectives on electric vehicles between Democrats and Republicans. [Extracted from the article]

Details

Language :
English
ISSN :
03624331
Volume :
174
Issue :
60323
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
180567103