We've spent a lot of time of late discussing the impact of opioids on the American workforce. While it is unclear exactly how much of an impact opioids are having on the steadily declining labor force participation rate, one thing is clear: nearly half of working age men not in the labor force today take some form of opioids on a daily basis.
We've spent a lot of time of late discussing the inevitable public pension crisis that will eventually wreak havoc on global financial markets. And while the scale of the public pension underfunding is unprecedented, with estimates ranging from $3 - $8 trillion, there is another taxpayer-funded retirement benefit that has been promised to union workers over the years that puts pensions to shame...at least on a percentage funded basis.
Authored by Ryan McMaken via The Mises Institute,
Last week US Treasury Secretary Steve Mnuchin warned the US will impose new sanctions on China if it doesn't conform to UN sanctions on North Korea:
"If China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the U.S. and international dollar system, and that’s quite meaningful."
Netanyahu: "Penguins have no difficulty recognizing that some things are black and white."
Trump: "I have decided...I'll let you know."
Rouhani: "Iran's defense capacities are only a deterrent."
Authored by Sharyl Attkisson op-ed via TheHill.com,
Many in the media are diving deeply into minutiae in order to discredit any notion that President Trump might have been onto something in March when he fired off a series of tweets claiming President Obama had “tapped” “wires” in Trump Tower just before the election.
According to media reports this week, the FBI did indeed “wiretap” the former head of Trump’s campaign, Paul Manafort, both before and after Trump was elected.