HT: Appalachian Renegades These things have been predicted for some time. The stock market has been overvalued for some time. Is this guy right? ED DOWD WARNS: THE U.S. ECONOMY IS HEADING TOWARD A COLLAPSE Record government spending, the massive AI buildout, and weakening labor-force participation are flashing warning signs […]
Category: Economics
The Economy Is Changing, Part 2
The credentialed class with advanced degrees is seeing earnings fall and job opportunities vanish; while the blue collar class is ascendant. Blame AI, at least in part:
Eliminating Office Space
“The Great Taking”
They can get to your retirement savings and investments if they are determined to do so. And then there is the prospect of Social Security insolvency:
State Incentives, Job Announcements Vs. Actual Jobs Created
Some sobering statistics: JLF: As JDIG expanded, the average number of jobs announced per year increased by 147 percent. Actual job creation, however, grew by only 31 percent. Meanwhile, the average number of terminated or withdrawn agreements more than doubled, rising by 108 percent. The state may be experiencing a […]
Republicans Underestimating The Amount of Distress Among Real Americans
The Political Class Needs To Listen To This Guy
Brave New World, Continued
We should view with skepticism whether these will be positive advances for humanity. But these are coming at us like a freight train:
Two Moves To Unleash An Economic Boom
I attended a non-political meeting yesterday. Somehow, the discussion turned to two statements Donald Trump had floated over the last several weeks. He has suggested there might be an effort to eliminate the income tax and rely solely upon tariffs for generating revenue. And he said he is considering a […]
Young Adults Having A Hard Time
Gen Z encompasses teens through those in their late 20’s. One important item he fails to discuss is a widespread lack of Christian commitment and church involvement in this age group which is part of the mix contributing to their difficulties: