The financial gains of a college education are increasing while college graduation rates have slowed. The bonus from a college education for men and women (called the "college premium") has doubled in 30 years, but graduation rates for the 20-25 age crowd increased slowly. We need the US workforce to catch up with the demand for brainiacs...Apparently, "brainiacs" are in demand...
It is the best educated and those with the highest skills that derive the most benefits from a globalizing economy. As the US workforce becomes relatively less skill-intensive vis-à-vis the entire world, the broader benefits of the global economy, both in terms of job creation (and national well-being), are going to decline.The skills imperative in America is crucial to our nation’s future prosperity…
Policy makers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers.State defaults leading to some form of public bankruptcy will make the Wall Street crisis pale in comparison. Defaults in states such as California, Illinois, and New York would no doubt become the main events of the ongoing economic crisis in America.
For centuries, writers have experimented with forms that evoke the imperfection of thought, the inconstancy of human affairs, and the chastening passage of time. But as blogging evolves as a literary form, it is generating a new and quintessentially postmodern idiom that’s enabling writers to express themselves in ways that have never been seen or understood before. Its truths are provisional, and its ethos collective and messy. Yet the interaction it enables between writer and reader is unprecedented, visceral, and sometimes brutal. And make no mistake: it heralds a golden era for journalism.Bravo...
If you’re the kind of person who views being taxed to pay for social insurance programs as tyranny, you’re also going to be the kind of person who sees the printing of fiat money by a government-sponsored central bank as confiscation. You may try to produce evidence about the terrible things that happen under fiat currencies; you may insist that hyperinflation is just around the corner; but ultimately the facts don’t matter, it’s the immorality of activist monetary policy that you hate.Prof Krugman has previously used the term "paleomonetarism" to describe this phenomenon. I would suggest that "monetary imperiousness" may be useful as well (or how about "monetary impericism")...
Employment consists of all persons who, during the reference week (the calendar week including the twelfth day of the month), (a) did any work at all (at least 1 hour) as paid employees, worked in their own business or profession or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a member of the family, or (b) were not working but had jobs or businesses from which they were temporarily absent because of vacation, illness, bad weather, childcare problems, maternity or paternity leave, labor-management dispute, job training, or other family or personal reasons, whether or not they were paid for the time off or were seeking other jobs.Source: Bureau of Labor Statistics
The civilian noninstitutional population consists of persons 16 years of age and older residing in the 50 States and the District of Columbia who are not inmates of institutions (for example, penal and mental facilities and homes for the aged) and who are not on active duty in the Armed Forces.
Any provision of law or regulation of the United States may be repealed by the several states, and such repeal shall be effective when the legislatures of two-thirds of the several states approve resolutions for this purpose that particularly describe the same provision or provisions of law or regulation to be repealed.Follow the link below to learn more:
