GLEANINGS FROM THE PASSING WEEK … (Politically Uncorrected)

From the week:

San Francisco: Driverless taxis blocked streets for hours (Report)

New York State: New anti-gun law defies Supreme Court? (Report)

China: On brink of contagious crash (Article)

Uganda: Discovers huge gold deposits (Report)

The economy: This implosion will be fast … (Article)

Air travel: Is the mess random? (Article)

Germany contemplates energy rationing (Article)

Resurrect the gold standard to replace the failing U.S. Federal Reserve (Article)

The U.S. Federal budget can’t stand rising interest rates (Article)

Disney: Mickey Mouse copyright expires 2024 (Report)  

California offers health insurance to illegals (Report)

U.S. Finance: An analysis, with expectations (Article)

Information Warfare: Ukraine (Article)

The Netherlands: Dutch government accused of confiscating farmlands (Article) (More)

The U.S. Economy: Why the Great Reckoning has begun (Article) (Recommended)

U.S. Army stopped pay and benefits for 60,000 Guard/Reserve unvaccinated soldiers (Report)

 COVID boosters less than 20% effective after few months (Report)

 Southern Europe: Drought (Report) (More)

Libya: Update (Article)

Air Transportation: Ukraine sanctions destroying Russian airlines (Article)

U.S. Employment: One job per worker doesn’t do it anymore (Article)

Chicago: 5 dead, 30 wounded in weekend shootings (Report)

A naked woman was arrested setting fire to bushes (Report)

That’s all …

EDITORIAL: One job per worker won’t support you anymore

                                The middle class housewife personified pre-1970’s America; her subsequent disappearance into the workforce has been little remarked for obvious political reasons. Voters, unions and governors naturally combined to spread the wealth at home until travel, communication and robotics advances empowered cheaper mechanized and foreign competition; the housewife became a luxury. However, defenestration of the American housewives has not restored equilibrium to the worldwide cost of human labor. Neither has inflating away the significance of the minimum wage.

Another result has been the decline of the 40 hour work week in favor of cheaper, less protected “part time” workers, increasing numbers of whom now have to hold two or three jobs. The proliferation of visas for foreign workers and open U.S. borders has invited cheap, offshore labor directly into the U.S. labor market. The distortions of the world labor market ae working their way out, with some covert political maneuvering accompanying. As this plays out, many of the world’s governments seem intent upon crashing and reconstructing their economies, a Sisyphean labor awaiting its first historic success.   

About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much) Couple of degrees in government, a few medals in figure skating; just reading and suspicion for economics ...
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1 Response to GLEANINGS FROM THE PASSING WEEK … (Politically Uncorrected)

  1. Pingback: GLEANINGS FROM THE PASSING WEEK … (Politically Uncorrected) — jcurtisblog – Free Citizens

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