GLEANINGS FROM THE PASSING WEEK … (Politically Uncorrected)

From the week:

Food: Satellite imagery shows global crop declines – except for Russia and China (Article)

Sri Lanka: Failing economy generating massive unrest (Report)

U.S. Consumer credit cards have maxed out (Report)

Germany: Energy policies threaten social peace (Article)

 Hungary: Punished by U.S. after rejecting global 15% corporate minimum tax (Report)

COVID Vaccines  worse than the virus per household survey (Report) (More)

U.S. Southwestern drought begins to bind (Article)

Europe: Will Russia stop sending gas? (Article)

U.S. Railroads: National strike as of July 18? (Report)

 U.S. Government: To pay $1.7 B to Ukrain healthcare workers (Report)

California: Truckers plan work stoppage to protest new independent contractor law (Report)

U.S. Economy: Cost of living up, wages down in June (Report)

Turkey: update (Article)

U.S. Presidential Election: Records show 17k  Fulton County fictional ballots (Report)

U.S. Federal Reserve: Continued rate hikes will trash the world economy (Article)

U.S. Military: Can’t find recruits (after punishing the unvaccinated) (Report)

U.S. Economy: A simple explanation of today’s conditions (Article)

U.S. Dept. of Justice: Targetting Biden critics with predawn home raids (Report)

China: Is real estate going over the ede? (Article)

U.S. Railroads: Incredibly chaotic (unaffected by vaccination mandates?) (Report)

The Pandemic: What’s going to happen if we keep prescribing paxlovid? (Article)

Colorado opens public benefits to illegals (Report)

Monkeypox: Now pandemic? (Need replacement for COVID?)

The war on cryptocurrencies: Update (Report)

Science: Wireless activation of targeted brain cells achieved (Report)

E.U. Farmers join Dutch protesting governments’ green, anti-farming policies (Report)

Chicago: 3 dead, 38 wounded in weekend shootings (Report)

A naked man was arrested on a building (Report)

And that’s all …

EDITORIAL:         America’s Currently Mysterious Workforce

We are told that air travel is a mess due to pilot shortages, that the U.S.  military can’t find enough recruits and there has been a severe shortage of truck drivers and other workers. We hear that unemploymen is minimal. And then we see that the U.S. has a declining labor force within a still growing population with a declining household income. How can we be worse off when jobs are going begging?   

While the explanation is as obscure as current media and government censorship can make it, the answer is no mystery. First, a lot of pilots, military, truckers and other previously available workers have been sidelined by vaccination mandates though not all yet show up in unemployment reports. The work week has shortened. Housewives and immigrants have entered the workforce and lower cost producers have appeared offshore while U.S. politicians were paying off labor leaders, raising production costs to uncompetitive lebels and dissolving the middle class. And full employment seems to represent a lower percentage of the population than it once did. Where might we be had there been a bit less government help?   

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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