Labor

Treasury Secretary Steven Mnuchin said Friday that he wasn't worried about artificial intelligence taking over American jobs. However, on the same day, a new report by PwC showed that more than a third of U.S. jobs could be at "high risk" of automation by the early 2030s, a percentage that’s greater than in Britain, Germany and Japan.

It said that in the U.S., 38% of jobs could be at risk of automation, compared with 30% in Britain, 35% in Germany and 21% in Japan.

Authored by Jeff Reeves via The Hill

I’m not a fan of the “greed is good” mentality of Wall Street investment firms. But the next financial crisis that rocks America won’t be driven by bankers behaving badly. It will in fact be driven by pension funds that cannot pay out what they promised to retirees. According to one pension advocacy organization, nearly 1 million working and retired Americans are covered by pension plans at the risk of collapse.

Ireland are expected to leave the European Union in revenge for its treatment by the EU elite during the financial crisis.  Co-founder of Hibernia Forum, Keith Redmond, claims that Irish people have had enough of [...]

Reagan’s Ambassador to the Soviet Union Decries the Witch Hunt

“Those who are trying to find a way to improve relations with Russia should be praised, not scapegoated.” Amb. Jack Matlock

http://www.washingtonsblog.com/2017/03/u-s-ambassador-soviet-union.html#more-66400

The post Reagan’s Ambassador to the Soviet Union Decries the Witch Hunt appeared first on PaulCraigRoberts.org.

Buy the dip?

According to Predictit.com, the odds of the healthcare bill passing today has plunged to 13%

It was as high as almost 50% late yesterday...

Source: Predictit.com