Early this year, Jack Teixeira, a 21-year-old Massachusetts Air National Guard member, was arrested and charged with transmission of national defense information and other charges. Teixeira allegedly leaked classified documents on the Ukraine war and other foreign policy issues to a Discord gaming group. The document propagated from there and appeared in many news articles in the following months.
Mr. Yousif Almoayyed, Bahrain
Ms. Deborah Ayers, Sarasota, Florida
Mrs. Patricia Barnett, Coleman, Georgia
Judge John Denson, Samford and Denson LLP
Dr. Peter G. Klein, Baylor University
Mr. Mark Murrah, Atlanta, Georgia
Driving to Mises Institute at 518 West Magnolia Avenue, Auburn, Alabama, 36832.
The trend of punishing people in Jamaica for being disrespectful is becoming troubling. Citizens support penalizing uncouth characters without recognizing that sanctions violate free speech. During the apex of lockdown hysteria, one man was coerced by the police to apologize after daring to criticize the prime minister. This act of overreach by the police was unsurprisingly lauded by a wide cross-section of society.
I had my monthly one-on-one with my boss recently. Supply chains/logistics came up. My mind wandered as this has been a hot topic in the wake of the shutdowns of a few years ago. But I also thought of the ESG crusade.
Among other things, our company attempts to navigate supply chain issues for clients as effectively and efficiently as possible. Doing so helps them flourish, and when they succeed, their employees prosper, their owners profit, and we shine as well.
For the last few years, Jerome Powell has remained constant: the Fed was ready to do anything necessary until inflation returned to its 2% target.
Today, Powell blinked.
Meredith Whitney told CNBC, “30 percent of young men said they have not had sex in over a year and don’t seem to care.” Half of the young man population isn’t interested in dating and according to Pew Research 63% of young men are single, the highest percentage ever.
The latest jobs report looks good, at first glance. The umployment rate is below 4%, though it increased since April. Employers added jobs, but mostly in the public sector. Last July I posted something on how declines in the private-public employment ratio (PPER) predict recessions. The PPER was 5.92 last summer. The latest PPER is 5.84. The vertical gray bars in the graph below mark recessions. The blue line is the PPER.
The American economy fell into an unofficial recession during the first half of 2022. Yet, unemployment fell to low levels by the summer of 2022. Why did 2022 GDP fall? The US endured a historic drop in labor productivity during the first half of 2022.
