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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 21, 2006
Page
11
Historical note outlines New Hampshire joining the Ku Klux Klan as the ninth state. Mentions figures tied to the era and a roundup of other historical references.
Washington Post columnist Jackson Diehl reports Western officials see now a weaker stance toward Vladimir Putin. NATO talks stall on Georgia and Ukraine while France and others reject enhanced dialogue. Bush plans Kiev visit canceled amid pro West party rifts. Europe concerns grow over energy dependence and Russian restraint signals.
The essay argues that keeping interest rates high risks a recession and that inflationary psychology is stubborn, dangerous, and best tamed by steady policy. It cautions against discounting current inflation data and favors gradual restraint to avoid stagflation.
Holly Sklar argues Congress is unjust for approving costly pay raises while minimum wage stays at 5.15 an hour. She cites the 168 500 annual pay with benefits, compares it to workers needing three jobs to reach the same amount, and links wage levels to poverty, productivity, and consumer behavior.
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