Social Issues

From November 2016...

Protesters demonstrating against the election of Donald Trump made their voices heard again Saturday - taking to the streets of New York for the fourth straight day. A crowd of over 5,000 people gathered in Union Square around noon, their ranks rapidly growing and spilling out of the park.

 

Hand-drawn signs floated above the crowd, carrying messages like “Love Trumps Hate,” “Unacceptable,” and “Dump Trump.”

 

 

Authored by Michael Snyder via The Economic Collapse blog,

The federal government is now 20.4 trillion dollars in debt, and most Americans don’t seem to care that the economic prosperity that we are enjoying today could be completely destroyed by our exploding national debt. 

Via The Daily Bell

Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.

The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.

What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cash that much quicker.

When it comes to the US labor market, it's a tale of two extremes according to a recent report by Goldman Sachs.

At one end, the rate of short-term unemployment, defined as those unemployed fewer than 15 weeks, is lower than at any point since the Korean War and is already 0.4% below the bottom reached in the late 90s boom, with half of the gap likely due to demographic change. According to Goldman economists, "from the perspective of workers transitioning briefly between jobs whose attachment to employment is high, this is already a very tight labor market."

Just like the White House’s travel bans, President Trump’s July decision to reverse the Obama-era policy allowing transgender individuals to serve openly in the military has been struck down by a federal judge who said several transgender plaintiffs suing over the ban are likely to win in court.