So if the economy is so good, why are Americans so gloomy? Confidence readings are depressed. Some 69% of respondents to a Wall Street Journal survey in August said the country is headed in the wrong direction. President Biden’s approval ratings are mired around or below 40%, and approval for his handling of the economy is even lower.
When the government and media have been lying to us about everything else, why should we believe them about the economy?
In recent years, technology has made a host of consumer transactions cheaper—from booking a vacation to buying stocks—but commission rates for selling a home haven’t really budged. That could soon change.
When I started working for real in the 1980’s, brokerage houses charged a minimum fee of $35 to buy or sell stocks. For small purchases, that was a big commission. Now, it’s virtually free to buy or sell. That opened the stock market to almost anyone.
This article leans to heavy on the word “experts”, but people who read a column called “Climate Solutions” probably still work for the greater good as defined by experts.
One would have to be incredibly naive or distracted to think that society is functioning properly. Very little of the federal government is operating in the best interests of the American people. On the local level, several cities have stopped enforcing laws and have gone quite feral.
The Electric-Vehicle Bubble Starts to Deflate
The Electric-Vehicle Bubble Starts to Deflate
It’s ironic, to say the least, that the U.S. is seeking to imitate China’s economic model at the moment that its industrial policy fractures. Look no further than its collapsing electric-vehicle bubble, which is a lesson in how industries built by government often also fail because of government.
BBC: Bud Light boycott over trans influencer Dylan Mulvaney hits beer giant’s sales
Even with the BBC slanting this article, it looks bad for AB Inbev
ATLANTA (AP) — The first American nuclear reactor to be built from scratch in decades is sending electricity reliably to the grid, but the cost of the Georgia power plant could discourage utilities from pursuing nuclear power as a path to a carbon-free future.
BBC: Summer temperature strain the grid.
Nearly 200 million Americans are under “dangerously hot conditions” alerts with temperatures expected to soar past 100F (38C) in several major cities.
Those major cities are places where it often gets above 100 F in the summer, so no real surprise.
USNews: DOT Changes Accessibility Rules
Pete Buttigieg and his Department of Transportation just made up new rules to make air travel more expensive and unpleasant for everyone. How can federal bureaucrats do this with no oversight or accountability?
When I’ve asked colleagues what they intend to do after they retire, the stock answer is, “Whatever I want!”
That’s a bullshit answer, so I ask follow-up questions. “After eating Ben & Jerry’s ice cream for breakfast, how are you going to spend the rest of the day?”
Retirement is such a foreign concept, people think about it in weird ways, and it’s different than people expect.
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