Our unemployment rate edged up in May to 8.2 percent, from April’s 8.1 percent. And we only added 69,000 new jobs in May, which was a surprise to the mainstream media (and this country’s economists who supply projections to the news media). Why should our economists be surprised that we only added 69,000 jobs...
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Detroit is planning on reducing the number of street lights from 88,000 to 46,000 street lights, according to a recent report by Bloomberg News. Its residents are already learning how to live with less street lighting, since about 40 percent of the street lights in Detroit are broken. And Detroit is not the only...
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You may have heard news reports about how we still have a very large manufacturing industry in the US. But, it appeared to me that almost every manufactured item that I considered purchasing in a store was made in China. How could this be, if we still had a large manufacturing industry in this...
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The US Supreme Court has begun hearing arguments about the new US government-mandated health insurance plan, known as the Affordable Care Act. It is also known in some circles, also as “Obamacare.” Everyone will be required to be covered by health insurance, or they will be subject to a penalty that will be collected by...
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Sometimes the truth will leak out when our leaders and politicians are being interviewed. Mitt Romney said recently that he was not concerned about the very poor. I believe him. I think that he was speaking the truth. I don't think Romney worries much about the very poor.
Well, gas prices...
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The past few weeks, the mainstream media have been touting some
economic indicators, such as the unemployment rate and GDP growth,
which show that our economy is slowly recovering from the Great Recession.
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The Great Denial continued in Arizona last night as the four remaining Republican candidates participated in another debate. The debate lasted for about two hours, and I don't remember hearing the words “free trade” or “imports” mentioned.
Does everyone associated with these debates, from CNN's host, John King, to the four candidates, live in...
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There is a new book by Charles Murray called "Coming Apart: The State of White America, 1960-2010." Mr. Murray documents how the less educated white Americans, those with a high school degree or less, are marrying less, having more children out of wedlock, and are working less. He refers to these...
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At this time, there is an underlying feeling of unease among the American people. Interestingly, although the voters are very concerned about the economy, both the Republicans and Democrats are having trouble energizing their bases. The recent voter turnout in some the GOP primary contests was less than in 2008. It...
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Rick Santorum showed surprising strength in yesterday's Republican contests in Minnesoto, Colorado, and Missouri. Santorum won in the caucuses held in Minnesoto and Colorado, as well as the non-binding primary in Missouri. Santorum won three out of three yesterday---a very good day for the Santorum campaign.
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