US Producer Prices Dip as Inflation Eases

US Producer Prices Dip as Inflation Eases

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

Time to Re-brand the Democratic Party as Socialists

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

The State of California is Poverty’s Worst Friend

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

China’s President Xi’s New Year Speech Heralds ‘Golden Age’ for China

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

Sky-high Housing Costs Make California the Poorest State

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 an Example for the World

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 […]

St. Louis, Missouri, the Most Dangerous City in America

St. Louis, Missouri, the Most Dangerous City in America

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 […]

The World’s Youth Facing Massive Unemployment

The World’s Youth Facing Massive Unemployment

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 […]