America

Authored by Michael Lebowitz via 720Global.com,

Submitted by Simon Wilson via MoneyWeek.com,

The middle class in America is in crisis, with incomes falling and life expectancy worsening. Why? And what can be done about it?

What’s it like to be a middle-class American?

It was just a matter of time: shortly after none other than "youngest ever billionaire" Elizabeth Holmes herself admitted that the technology of her "innovative" company Theranos had been effectively a fraud, when several weeks ago the company voided and restated years of test results, the valuation of the company has finally been adjusted to reflect the underlying value of the company. And Holmes' own net worth.

Max Boot offers some typically wrongheaded thoughts on America’s foreign wars. He alleges that the U.S. has a habit of losing “won” wars:

What do all these betrayals of trust have in common? A failure by the American population and politicians to sustain a long-term commitment that would build on battlefield gains [bold mine-DL].

Trump called the press to a conference yesterday to tell them what a pack of scumbags they are:

The offense reporters committed this time: asking whether the money he said he had raised at a January benefit — organized in place of a Fox News debate he was skipping — had really made it to the beneficiaries, and if so, how much.