Something Germany has known for years. ========== WSJ 6/19/2017 One restraint on economic growth is the increasing U.S. labor shortage, especially for jobs that require technical skills. Meanwhile, many college grads are underemployed and burdened by student debt. The Trump Administration is trying to address both problems by rethinking the government’s educational priorities. President Trump directed Labor Secretary Alexander Acosta last week to... Read more
Archive for the ‘Economics’ Category
Here Come the Increases
June 18 | Posted by mrossol | Economics, ObamaCareYou can’t pay out more than you take in. Costs drive behavior. ========= BY ANNA WILDE MATHEWS AND LOUISE RADNOFSKY A growing number of major insurers are seeking premium increases averaging 20% or more for next year on plans sold under the Affordable Care Act, according to rate proposals in more than 10 states that provide the broadest picture so far of the strains... Read more
Your Tote Bag Says Much About You – WSJ
June 13 | Posted by mrossol | American Thought, Economics, PersonalSomeone I love is working with tote bags! ========= WSJ 6/13/2017 BY ANNE MARIE CHAKER THE DECISION ON which of the 29 tote bags stashed in your closet to bring on your Saturday afternoon stroll can spark a minor identity crisis. Kyle Chayka, a freelance writer in Brooklyn, N.Y., says he owns somewhere between 12 and 20 tote bags. He favors a... Read more
The Lessons of Amazon
May 20 | Posted by mrossol | Big Govt, EconomicsAre ‘you’ delivering value to the marketplace? ========= WSJ 5/19/2017 Amazon marks 20 years as a public company this week, and if you got in on the ground floor you have a lot to celebrate. A $100 investment in the initial public offering of the three-year-old Internet company in 1997 is worth more than $49,000 today. Even by the standards of successful Silicon Valley... Read more
The GOP Entitlement Caucus
March 30 | Posted by mrossol | Economics, Republican(s), Tax Issues, The RightMy respect for the Freedom Caucus has slipped in a major way. It will take a long time for Republicans to recover from the damage they have done. ===== WSJ 3/28/2017 The full dimensions of the GOP’s self-defeat on health care will emerge over time, but one immediate consequence is giving up block grants for Medicaid. This transformation would have put the... Read more
Bill Gates on Robots
March 30 | Posted by mrossol | American Thought, Economics, Tax Issues, TechnologyBill Gates is a smart guy, but I think he is missing the point with his view of robots and the impact on jobs. ===== WSJ 4/26/2017 By Andy Kessler Bill Gates, meet Ned Ludd. Ned, meet Bill. Ludd was the 18thcentury folk hero of anti-industrialists. As the possibly apocryphal story goes, in the 1770s he busted up a few stocking frames—knitting machines used... Read more
