My Weekly Musings!

February 2, 2023

Last week the country of Pakistan lost power. It’s electrical power grid failed. Pakistan has a population of 235,000,000 people. No lights, refrigeration, motors, medical equipment, streetlights, heating, traffic signals, etc. No word on the cause.

Britain’s inflation rate is 10.5%. Food prices are up 16.7% over the last 12 months. Most unions in England are now on strike. Also in Britain, the car battery company Britishvolt filed for bankruptcy. Three years ago, the government funded the company as part of the “green industry.” Now officials and executives are expressing doubt about the viability of making batteries for electric cars.

Nine million young men in the US. are not participating in the labor market. Most are at home videogaming. This is a major cause of the labor shortage. And-when men don’t work while young, they don’t work when they get older. Huge problem. Stopping the “free stuff” is the answer.

In my home city, high school girls wear pajama pants to school. Just let that sink in!

Whole Foods won its court case brought by 3 ex-employees who claimed discrimination. All three were fired for wearing Black Lives Matter face masks while working. The store has a dress code that prohibits slogans on clothes. Frivolous!

Biden can’t do anything right. Nice car next to boxes of classified documents.

Microsoft is investing $10 billion in OpenAI the company behind “chatgpt.” This technology will let users query robotic website to get language spoken answers. Kinda of like Siri but much more advanced. This will change/eliminate many low skilled jobs.

Universal basic-income (UBI’s) schemes are popping up in the liberal states and cities. In Chicago, checks for $500 will go to people making less than $69,000 per year. The checks are monthly and will continue for at least 2 years. A horrible policy!

Cori Bush is an ignorant fool. She is a Congresswoman from St. Louis, (a very dangerous city- 356 murders last year) and recently blamed white supremacy for the tragic death of Tyre Nichols. The chief of police in Memphis is a Black woman. Blame her!!!

Steph Curry (NBA) is a fraud! He claims to be a liberal and supports Biden but made some major moves to block low-income housing from being built near his $30 million California mansion.

Lastly, Kevin McCarthy is the new Speaker of the House. I support him! This week he said the biggest threat to America is our National Debt, now standing at $31 trillion. I totally agree.

Published by bluesage82

I am a retired international business leader, current college professor, historian, macro economist and outdoorsman. I have lived in 7 US states and had long term stays Tokyo, London and Geneva. I have also worked for the US Dept. of Commerce and the State of Delaware Dept. of Public Instruction. I am a native of NY but grew up in VA. My wife and I have 7 children including 2 in-laws.

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