"Uncle Sam has made too many promises to too many people, with little regard for its future ability to fulfill them. These are debt. Worse, some of them are additional debt on top of the obligations we already see on the national balance sheet...Even worse, entire generations have planned their retirement lives around the government fulfilling those promises."
"I think the policy path that will increase the probability of a longer recession-free period is the path where the economy does not run above capacity and thus, fall far below the sustainable unemployment rate."
In a 5-4 ruling Tuesday, The Supreme Court ruled that public sector unions for state and local employees can't force non-members to pay a "fair-share" union fee.
It began with the Republican clown car and ended when the biggest clown ran away from the whole DC circus with a herd of his own, taking the Grand Ol’ Party with him.
"The signs are clear... anyone depending on social security or a pension for their retirement is in trouble. It’s time to take this issue into your own hands."
While we fail to see any occupations listed for "insider trading hedge fund managers" or "high frequency market manipulators" in the recently released list by the BLS listing the number of workers and wages earned for all official US occupations, we supposed it will have to do, incomplete as it may be.
"In the case of WaPo’s coverage, there exists one growing controversy that has remained conspicuously uncovered: the conditions of Amazon’s workplace."
"...by some crazed thinking US monetary officials believe that consumers paying higher prices is somehow good for economic activity and standards of living!"
"...if this is proved false then the 'boom' simply disappears... and we are in the same boat as the BoJ is on Japanese inflation, and Banco do Brasil on the question of backdoor swaps versus reserves."
...The company advertised the jobs, which appear to be standard fulfillment-center warehouse work, as working with "robotics" in a "highly technological" workplace.
Just days after announcing it would be laying off about 9% of its workforce, it appears - from language being included in new severance packages - that Tesla is trying to silence former employees from speaking out about workplace safety issues...