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Weekly Economist
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- 1Trump's price-fixing plans stumble weeks before midterms▼5 WEEKS to the midterms. Trump's plan to fix prices has failed 3 TIMES. 🥩 Tariff-free beef → FARMERS revolt ⛽ Diesel exp
With five weeks until the US midterms, critics are highlighting three failed attempts by the Trump administration to bring down prices: tariff-free beef imports that angered farmers, a proposed diesel export ban opposed by the oil industry, and proposed $5,000 checks that even Republicans rejected. Inflation has remained above the Federal Reserve's target since 2021, and economists blame administration policies for the persistence of high prices.
- 2
A debate is under way in Japan over the government guidance that caps monthly overtime at 45 hours for most workers. A piece in Weekly Economist Online by scholar Wakana Shuto examines what the proposed revision of the 45-hour instruction really means for workers and employers. Commentators are weighing whether loosening or clarifying the cap would protect workers or open the door to longer hours.