The real travesty, and what I think deserves top priority (but I don’t see it), is that we have, in addition to 7.5 million officially unemployed (a number that is closer to 15 million when all the hidden unemployment is accounted for), 23.5 million Americans aged 25-to-54 who reside outside the confines of the labor force. And at a time when job openings are at record highs.
Deflate the bubble
Donald Trump just made a day one announcement: FHA Premium Cut Officially Reversed; Mortgagee Letter Already Out.
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Recent research by the Equality of Opportunity Project, cited by Jeff Gundlach, shows that intergenerational mobility is on the decline.
Self-service is often presented as the best of all buying options because it allows individuals to get the exact product they want quickly without interference from others. But is the buying experience enriched by making purchases “easier”?… (essay by John Horvat)
To shun wickedness, to care for our souls, and to love one another without looking for rewards, if followed by all, would turn injustice, now a constant companion of human life, into a stranger… (essay by George Stanciu)
On the mark.
One takeaway from Trump’s inauguration speech: gangs
by Jon Rappoport
January 21, 2017
I could list 10 interesting things Trump said yesterday. And of course, words aren’t actions. Yet. But here is one remark you’re not going to get, and never did get, from any recent president:
“Mothers and children trapped in poverty in our inner cities…And the crime and the gangs and the drugs that have stolen too many lives and robbed our country of so much unrealized potential. This American carnage stops right here and stops right now.”
To which Rachel Maddow (MSNBC) replied:
“It was militant and it was dark. The crime, the gangs, the drugs, this ‘American carnage,’ disrepair, decay. You can’t imagine the outgoing president giving a speech like that.”
She’s right, because the outgoing president never did anything to stop the carnage. If she thinks Trump’s language was too militant, she should try talking…
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