"At first glance, November’s decline in like-for-like retail sales of -4.9% will leave retailers reaching for the smelling salts, but context is key..."
...Americans have had their liberty destroyed by their own government, which was precisely what our ancestors were trying to prevent when they enacted the Bill of Rights.
So we really have two generally unhappy groups: people who want to work more and raise their income, and people who want to work less but keep their income.
This truly is the battle of this century. Will a small cadre of unelected, unregulated, unaccountable thugs be allowed to use the massive power of the state to rule over the plebs...
Centennials have more available to them than any other generation before. Even the American “poor” are the envy of the world. Try enjoying it, centennials! Cheer up!
A job making making chicken sandwiches at Popeye’s is not equivalent to a structural engineering job. In other words, the quality of the jobs that we create is even more important than the number of jobs that we create...
Do not mistake a rising stock market as an indicator that economy is healthy. Right now the largest component of economic activity at 70% of GDP is terminally ill financially...
Always, and without exception, the most socialistic, or centrally planned, economies have the most unequal distribution of wealth. In those societies the unprincipled become rich, and the rich stay that way, through political power...
Why stop there? Just give the ECB responsibility for determining which companies have done enough in terms of gender and transgender diversity, social inclusiveness, and which support the European dream most enthusiastically…"
There's good news for American families this Thanksgiving - the cost of a turkey feast has remained stable, rising by a single penny compared to last year.
A big upward revision for new home sales (to 12-year highs), and a rebound in existing home sales, were both upset by the disappointing 1.7% MoM drop in pending home sales in October.
