Econ 101: The case for an 18-to-24 hour workweek, both parents working
Whether caused by labor-saving technology, mass immigration, or trade with low-wage goliaths like China, the result is the same: an oversupply of low-skilled labor in relation to demand, leading to lower wages for ordinary Americans.
The last time we faced a similar crisis, in the late 19th century, we legislated the 8 hour day and 40 hour week. I suggest we do something similar today. Indeed, it may be an essential part of any real solution: the only way ordinary workers can benefit from labor-saving technological advances.
I do not pretend that a shorter work week will solve the problems caused by mass immigration (which must simbly stop, it hurts the sending countries) or by free trade in the new global economy. The latter requires the cooperation of our European allies: an end to overseas tax havens, secret bank accounts, and shell corporations, paving the way for a graduated consumption tax and universal wage subidies. In that context only does free trade make sense.
A federal judge ruled that the Trump administration likely violated the reporter's Fifth Amendment rights when it stripped his press credentials earlier this month.
- Acosta will be allowed to return to the White House on Friday.
- The judge described the ruling as narrow, and didn't rule one way or the other on violations of the First Amendment.
- The case is still open, and the administration may choose to appeal the ruling.
Progressive America would be half as big, but twice as populated as its conservative twin.
- America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
- Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
- Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
The definition of a kilogram will now be fixed to Planck's constant, a fundamental part of quantum physics.
- The new definition of a kilogram is based on a physical constant in quantum physics.
- Unlike the current definition of a kilogram, this measurement will never change.
- Scientists also voted to update the definitions of several other measurements in physics.
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