FROM Chris Thornberg
As Trump imposes big tariffs on China, who gets hurt more? President Trump today slapped $50-60 billion worth of new tariffs on China. China will likely respond in kind -- there’s talk it may even target regions of the United States that support Trump. Meanwhile, Trump’s tariffs on steel and aluminum start Friday, but some big U.S. allies are exempt, including Mexico, Canada, and the EU.
Does raising the minimum wage help or hurt low-skilled workers? Big businesses in L.A. will raise their minimum wage from $10.50 to $12 an hour this Saturday. But in Seattle, a new study found that the lowest paid employees saw a drop in work hours, wages, and jobs available after the city raised its minimum wage to $13 last year. Could LA suffer some of the same consequences?
The Disappearing Middle Class According to a new report from the Pew Research Center, America has reached a tipping point when it comes to the middle class. For the first time in decades, slightly less than half the population is now middle class. That’s because more Americans have moved into the upper or lower income brackets, leaving fewer people in the middle. We get a primer on the study and an up close look at what it means for people in cities
Morgan Parker: There Are More Beautiful Things than Beyoncé Morgan Parker says that the poems in her book There Are Things More Beautiful than Beyoncé take a stand against the clichés of the dominant culture.
Securing Public Spaces, Super Wealthy Asians Vehicles are increasingly being used as weapons, as seen in the London Bridge attack over the weekend and in New York’s Times Square last month. The Compton-based company Calpipe is designing security bollards to help make public spaces safer. And novelist Kevin Kwan satirizes the “crazy rich” Asian jet set and their luxurious tastes in his latest book, “Rich People Problems.”
Why is Trump so behind on filling staff jobs, establishing concrete policies? Yesterday Donald Trump signed a “decision memo” to revamp the air traffic control system. But there was little legislative detail in the plan. There’s not much to other splashy announcements from the White House, including tax cuts and the arms deal with Saudi Arabia. And hundreds of positions are unfilled in federal agencies.