It's the Economy... Again; Can The Current Universities Be Saved? ...more

Can The Current Universities Be Saved?   Politicized faculty, infantilized students, and mediocre classes have combined to erode the prestige of college degrees, even at once elite colleges.   Yet it may not be all that unfortunate that much of higher education is going the way of malls, movie theaters, and CDs. The country needs far more skilled physical labor and less prolonged adolescence and debt.

    STEM courses, professional schools, and traditional campuses are better insulated from mediocrity and should survive. Otherwise, millions more starting adulthood at 18 debt-free and fewer encumbered, ignorant, and entitled at 25 is not a bad thing for the country.

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It's the Economy... Again 

To get a handle on the gravity of what may be coming in the next six months, look at what Biden is doing to grab economic control across the board: energy prices are driven up because of his tinkering with energy supplies and restrictive energy policies. Unemployment figures are rigged downwards to reflect part-time and/or seasonal/immigrant jobs as full time. Interest rate increases are ‘explained’ by the feds as cautionary but appear now semi-permanent. Huge costs are accruing in ‘supporting’ illegal immigrants, in student loan forgiveness, in piles of new regulatory costs (legal or not), in tax increases on the middle class, in federal land and natural resource grabs, and in crippling regulatory restrictions on farming, energy, transportation, and, of course, in the costs of war.

Stagflation Stages A Comeback 

Last Thursday, the Bureau of Economic Analysis reported that GDP growth in the first three months of the year was an anemic 1.6%, well below the consensus forecast. The next day, the “personal consumption expenditures” price index, a key policy barometer for the Federal Reserve Board, climbed 2.8%, higher than anticipated, marking the third-straight month in which prices went up faster than expected. In other words, inflation was accelerating during the same months the economy was flatlining.

Other signs of an economy in trouble: More than 5,400 companies have announced mass layoffs since the start of the year. The list includes Tesla, Ford, Nike, Cisco, Sony, Northrop Grumman, Apple, UPS, American Airlines, Microsoft, Macy’s, Google.

And while President Biden keeps patting himself on the back for “historic” job growth, the latest Bureau of Labor Statistics report shows that all the gains last month were part-time jobs.

Google lays off 200 workers, shifts jobs to Mexico and India in latest restructuring   Google previously laid off a whopping 12,000 employees in 2023 — and the cuts have continued this year, with CEO Sundar Pichai identifying “durable cost savings” as a key goal as the company pours more resources into developing generative artificial intelligence.

Barely A Month Old, California’s $20-Hr. Fast-Food Minimum Wage Is Already An Economic Disaster  “Between last fall and January,” Ohanian wrote, “California fast-food restaurants cut about 9,500 jobs, representing a 1.3% change from September 2023.” By comparison, overall employment in California during that period fell just 0.2%.

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Shocker! Scientists tried and failed to infect people with COVID who had natural immunity 

Modern scientists discover the obvious: In a experiment to see the impact of COVID on people who had previously gotten sick with the virus, scientists have discovered something called “natural immunity,” a phenomenon once known to doctors and ordinary people for centuries but purposely forgotten in 2020 when an election was coming up and the leftists who controlled most universities, health departments, and science organizations wanted a panic to prevent Donald Trump from getting reelected.

CDC Concealed Evidence Linking Deaths to Pfizer and Moderna COVID-19 Vaccines, Internal Documents Reveal