Thursday, April 25, 2019

For A Job, Go Midwest High School Graduate

From Bloomberg Business, "No College Degree? NYC, D.C. Seen as Worst Areas for Job Seekers" by Shelly Hagan:
Opportunities for workers with little to no post-high school education vary across the country, with the Midwest having some of the best options and New York City among the worst. Toledo, Ohio; St. Louis, Missouri and Lansing, Michigan are a few of the metro areas with the highest share of jobs that pay wages above the national average and don’t require a college degree, according to a new study by researchers from the Federal Reserve Banks of Cleveland and Philadelphia.

The study ranked 121 U.S. metro areas by share of “opportunity employment,” which is defined as employment accessible to workers without a bachelor’s degree and typically paying above the national median wage, adjusted for regional inflation.
Source: Bloomberg Business

Monday, April 22, 2019

My Comment To "Jamie Dimon’s Timely Warning: A CEO finally speaks up to tell the truth about the shared misery of socialism" In A WSJ Opinion by Andy Kessler

My published comment to The Wall Street Journal Opinion, "Jamie Dimon’s Timely Warning: A CEO finally speaks up to tell the truth about the shared misery of socialism." by Andy Kessler:
Just tell potential socialists that under socialism there wouldn't be any almond, oat, coconut, soy, antibiotic free, non-GMO or organic milk for their coffees. lattes and cappuccinos. Don't even mention gluten-free. Without a profit motive and competition, there isn't any market demand feedback. Without a capitalistic market mechanism, there isn't any need for new products since the old products, such as cow's milk or wheat pasta, work. Why change and bring out new products when the old product is good enough and OK. Plus, under socialism, government decides production amounts, such as how much wheat is used for bread and how much for pasta. Get used to your turkey sandwich between two layers of linguine when there is not enough bread produced.