Friday, February 22, 2019

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The country’s unemployment rate stands at 7.6 percent, meaning that more than 11 million Americans are now without jobs. However, while the employment rate among high school graduates with no college education hovers at eight percent, those with bachelor’s degrees or higher are seeing the unemployment rate drop by more than half, to 3.8 percent, according to the U.S. Labor Department.

Additionally, the average annual salary for individuals with graduate or doctoral degrees is $75,000, while bachelor’s degrees command an average salary of $51,000. For... Read More

The headlines the other day were ominous; GM will cut 47,000 jobs (upwards of 10% of their workforce) and in order to stave off total financial ruin for the U.S. economy, they need an additional 18 Billion, with a B, dollars from the U.S. Government.At first blush these numbers would seem to lend credence to the idea that the sky is indeed falling and Chicken Little is right, but in fact, a quick look at the “actual” numbers tell a far different story. GM will indeed cut 47,000 jobs worldwide, but only 20,000 of those will be in the U.S. And those half a million jobs which are so... Read More

In the past year, we have all asked the question how did we (the United States) get to where we are now, in terms of our economy. I cannot say that it was greed or lack of forsight but here is my take on how we got here and what the journey ahead may look like in the coming months.When the economy was on an upswing around 2003/2004, a lot of things came easily. Loans, houses, jobs, bonuses, opportunity, all of it was free flowing and didn't seem to have an end in sight. The tech bubble was deflating and everyone was getting their real estate license and making a lot of money selling houses.... Read More

The Great American Work FarceMcCain spoke of the great American worker’s ethics. I have seen this work force in action as have some of you. I went to court the other day and had to pass an electronic metal detector much like the ones at the airport, when the officer in charge of security who was supposed to observe people entering , was engrossed in text messaging. She did not even notice me or look up to see me passing through the detector, I beeped, she had me run through again after removing my keys from my pocket, and did not even look at me the second time, again still in her mid texting.

... Read More

“I’m sorry sir, the card is declined”, said the middle aged Arab looking man with a twinkle in his eye I didn’t quite appreciate. I was at Thanasi’s, my former favorite liquor store, trying to put a $20 bottle of vodka on my credit card. I knew it wasn’t overdrawn because I’d happened to check the balance that morning. “There should be plenty on that card….”, I said. He ran the card again. “Still declined. We have an ATM right there”, he said, pointing to a machine that will mug me for $2.50, in addition to the $2 Bank of America will charge me. He was still staring at me with that damn twinkle... Read More

Try this on. The Boeing Company company gets over $20 million from the U.S. Government for the construction of a 28 mile "virtual fence" along the Mexican border in Arizona. About two months after Homeland Security Secretary, Michael Chertoff announces his "acceptance" of the fence, the Government announced it is scrapping the project. Why?.....Well, it doesn't work.

From the Huffington Post, "Although the fence continues to operate, it hasn't come close to meeting the Border Patrol's goals, said Kelly Good, deputy director of the Secure Border Initiative program office in Washington."... Read More

Fortune magazine has come out with its latest list of the top 500 companies and for some reason or another, BrooWaha was not on the list. Perhaps the editors at Fortune have not yet managed to comprehend the social impact of such a varied news organization as BrooWaHa. Our crack team of investigative reporters stands ready and willing to mash the keys of their computers churning out exposés that rival the fair and balanced news reporting of such established news media as The New York Times, The Los Angeles Times, The St. Louis Post-Dispatch, The Atlanta Journal-Constitution and The San Francisco... Read More

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