Those saying we had to sacrifice the economy to save lives have succeeded in only the former, The Wall Street Journal writes in a scathing rebuke of lockdowns at all costs amid the global C-19 coronavirus chaos. “The tradeoff isn’t between lives and livelihoods,” WS-Jeditorial board concluded. “The policy goal has to be to protect both as […]
When we look at the social, economic, agricultural and workforce fallout from the C-19 coronavirus chaos, it is like The Perfect Storm. Almost no sector of society has been spared, from travel and tourism to basic food production and delivery. According to the NY-T’s, a global hunger crisis looms from:“… the sudden loss in income for […]
In a January 2020 article in The Atlantic, “researchers … say opioid addiction looks like the result of a perfect storm of poverty, trauma, availability and pain.” Commenting on some of the research cited in that article, David Powell, senior economist at Rand, told The Atlantic that to produce the most lethal drug epidemic America has […]
By Mark J. Lundeen $GLD, $SLV, $USD The Dow Jones in its BEV chart below is charging up the hill with eyes fixed on making new all-time highs. In the past week it has advanced 2.9% BEV points, leaving only 3.52% BEV points to go before it once again makes stock market history. Another couple […]
Tijuana, Mexico is in a “Humanitarian Crisis” The Mayor of Tijuana has declared a humanitarian crisis in his border city and said Friday that he has asked the United Nations for aid to deal with the approximately 5,000 Central American invading migrants who have arrived in his city. Mayor Juan Manuel Gastelum said that the […]
US Producer Prices Dip as Inflation Eases No one seems to know why there is no inflation US wholesale prices fell unexpectedly last month for the 1st time since February 2017, pulled down by falling prices for transportation and warehousing services. The drop suggests that inflationary pressures may be easing despite the strength of the […]
Time to Re-brand the Democratic Party as Socialists The Big Q: Where do we drive the line between Liberalism and Socialism? Liberalism is an idealistic political philosophy born after the defeat of Napoleon, a philosophy of freedom, which epitomized individual liberty, freedom of the press, freedom of religion, and free elections. Socialism, on the other […]
The State of California is Poverty’s Worst Friend Much like FDR’s failed economic policies, the State of California would do more for the poor by just leaving them alone. The League of Nations’ records of levels of employment before and after the Depression showed that most nations that simply did nothing but wait, fared much […]
China’s President Xi’s New Year Speech Heralds ‘Golden Age’ for China The New Year’s speech given by Chinese President Xi Jinping Sunday promises a Golden Age for China and shows a global vision to brush aside challenges hindering prosperity for humanity. Bangladeshi Commerce Minister Tofail Ahmed said that President Xi once again made a historic speech, saying […]
Sky-high Housing Costs Make California the Poorest State California leads the nation once again in a statistic no state wants to boast about. When the cost of living is factored in, the Golden State has the highest poverty rate in the country. More than 20 percent of its residents struggle to make ends meet, according […]
China’s Growth an Example for the World China’s growth has benefited from innovation, people-centered ideology, stability, infrastructure upgrades and globalization, which can serve as an example for other economies, experts said. “China’s economy has stabilized and showed more signs of warming, thanks to new growth policies, structural reform and policy innovations,” said Cai Jiming, professor […]
Feel Good, Strive to Make This World a Happier Place True happiness opens our minds, broadens our awareness of the world and allowing us to become more in tune with the needs of others. Strong relationships and good health are Key factors in the realm of happiness, but low income can be a hindrance to […]
St. Louis, Missouri, the Most Dangerous City in America St. Louis, Missouri led the nation with 1,817 violent crimes per 100,000 residents last year. Cary, North Carolina, by contrast, is the safest city in the nation with just 51 reported violent crimes per 100,000 city residents. #1 St. Louis, Missouri Violent crimes per 100,000: 1,817.1 […]
Donald Trump, “Hillary is a ‘Bigot’ Who Sees People of Color as Votes” Donald Trump Thursday 2X’d down on his claim that Hillary Clinton is a Bigot because of her policies that have disenfranchised African Americans and Hispanics. “She is,” the GOP nominee said after speaking in Manchester, NH. “If you look at what is […]
The World’s Youth Facing Massive Unemployment A report released Wednesday by the International Labour Organisation (ILO) warned that 13.1% of the world’s youth are set to be jobless in Y 2016, up from 12.9% last year. According to ILO’s World Employment and Social Outlook 2016 report, the global number of unemployed youth is expected to […]
No Empirical Measure Truly Illustrates the Reality of Being Poor Donald Trump is technically correct when he says almost 4 in 10 black American youths live in poverty. According to the official poverty measure, 36% of African-Americans under the age of 18 fell below the poverty mark in Y 2014. The problem with that statistic […]
Utah #1 State for Economic Growth in America Utah this year has the best economy among US states, Mississippi, Arkansas, West Virginia, Maine and New Mexico are the worst areas for commercial activity, according to a new study. “State economies could still be either boom or bust,” according to finance website WalletHub, the author of […]