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POPSMillionaires No Longer "Feel" Wealthy 48 million Americans have no medical insurance; 26 million have inadequate medical insurance. 2/3 of all Americans make less than $50,000 per year. And the wealthy don't "feel" rich. LOL! I'm crying my eyes out.
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POPSDemocratic Candidates Long To Renegotiate NAFTA U.S. manufacturing is not in decline. Quite the opposite is true. Output, revenues and profits in the sector all achieved records in 2006, and preliminary government data indicates that new records were set in 2007. American factories remain the world's most prolific, producing 2.5 times the value of Chinese output. ... Between 2000 and 2003 there was a pronounced manufacturing recession, during which 2.8 million jobs in the sector were eliminated. The two candidates extrapolate from that statistic to assert that 3 million manufacturing jobs have been lost since 2000 on account of bad trade deals, like NAFTA, as though the trend were continuing. That's wrong. ... If trade had something to do with the loss of those 2.8 million jobs between 2000 and 2003, imports weren't the culprit. Manufactured imports did not increase at all during those three years. U.S. exports, however, dropped off by 11 percent during that precise period.
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POPSDownside Of Obama Strategy And Hillary's Advantage
Even some Obama advisers see a real problem. "Ultimately, all that matters is how the nominee stacks up against John McCain," said one adviser "Right now, Barack is not connecting with the children of the Reagan Democrats. That's a real concern." Obama rejects the charge that he has failed to reach important segments of the party, noting that he has shown he can crack Clinton's coalition of working-class voters, women and Latinos with his wins in the bellwether state of Missouri, the swing state of Virginia and the Rust Belt redoubt of Wisconsin. He also showed that he can expand the battleground into the coveted Mountain West, with his convincing win in Colorado. "I don't buy into this demographic argument," Obama said. "Missouri, Wisconsin, Virginia -- in many of these states we've won the white vote and the blue-collar vote. "A lot of the states he's winning are states that we're not going to win in November. It's not a strategy that bodes well",said a Clinton supporter.
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POPSRescuing The Rust Belt.................. by Thomas Sowell Japanese auto makers like Toyota and Honda are hiring thousands of American workers. But they are not hiring them in the rust belts. They are avoiding the rust belts, just as domestic businesses are avoiding the high costs that have been piled on over the years by both unions and governments in the rust belt regions. Where does NAFTA come into the picture? International trade is just one of the many ways in which the competition of lower cost producers can cause higher cost producers to lose customers and jobs. Jobs are always disappearing. The big question is why they are not being replaced by new jobs. Rust belt policies that drove out old jobs also keep out new jobs. NAFTA makes it easier for politicians to blame the problem on foreigners. In fact, foreigners make ideal scapegoats for politicians. After all, people in Japan or India can't vote in American elections.
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POPSCould climate change herald mass migration in the US? Little or no rain in the hot American southwest, with climate change projections of even hotter times to come, yet people still flock there to live! Yet ecologically sustainable areas, such as those around the Great Lakes, have declining populations. Will the affluent folks in Phoenix have to migrate to poverty-stricken Cleveland? :? Lots of food (or water, in this case) for thought here, regarding the reasons and implications.
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