The U.S. economy added 245,000 jobs in November, the U.S. Bureau of Labor Statistics reported, less than half the 638,000 gained in October and well below the 440,000 that economists had forecast. Even the healthcare industry, in the midst of a pandemic, reported 527,000 fewer workers last month than were on payrolls last February. Adding...
Tag: dec 8 2020
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63 PERCENT OF AMERICANS LIVING ON THE EDGE
Sixty-three percent of Americans, including 64 percent of Millennials, are living from paycheck to paycheck since March and are unable to save any money, according to a survey of more than 2,000 adults commissioned by software designer Highland Solutions. Forty-seven percent have burned through their emergency savings, and 82 percent admit they could not pay...
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LOCKDOWN CAUSES MASSIVE “LEARNING POVERTY”
As the Trends Journal has reported in a number of issues, the unprecedented closing down of the world economy to deal with the virus has had a devastating effect on child education. Now, last Wednesday, a press release published by the educational division of the World Bank reveals how the lockdowns’ oppressive effect on children...
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WALL STREET UP, MAIN STREET DOWN
On 4 December, all four major U.S. stock indices set new record highs, driven by euphoria over the prospect of COVID vaccines’ distribution and resumption of stimulus negotiations between Congress and the Trump administration. The Dow gained 1 percent on the day, closing at 30,218.26. The NASDAQ rose 2.1 percent to 12,464.23. The Russell index...
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QUARANTINES ON AIR TRAVELERS: “NOT EFFECTIVE”
Last Wednesday, the European Center for Disease Prevention and Control (ECDC) issued new guidelines that make it clear the severe restrictions being put on air travel are not effective at stopping the spread of COVID. The guidelines state, “Travelers should not be considered as a high-risk population, nor treated as contacts of COVID-19 cases unless...
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LOS ANGELES’ MAYOR ORDERS CITIZENS TO “CANCEL EVERYTHING”
Last Friday, Los Angeles Mayor Eric Garcetti told residents in the U.S.’s second-largest city they must stop all travel – including “travel on foot” – and “cancel everything.” “My message couldn’t be simpler: It’s time to hunker down. It’s time to cancel everything. And if it isn’t essential, don’t do it,” Garcetti said. Forbidding them...
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POLITICIANS: DO AS WE SAY, NOT AS WE DO
Austin, Texas mayor Steve Adler joined the long list of politicians who have been called out for hypocrisy during the coronavirus outbreak. While on vacation in Mexico, he filmed a video telling his constituents why they must obey his COVID orders, urging them to stay home. The New York Times reported that Alder flew on a private...
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NHL’S CANUCKS FIRES ITS ANTHEM SINGER FOR SINGING FREEDOM
‘O, Canada… what happened? Mark Donnelly, the singer of the Canadian national anthem at Vancouver Canucks hockey games since 2001, was fired for singing at the Christmas Freedom Rally in Vancouver. Sportsnet Canada reported that Donnelly appeared before the crowd and slammed the city’s “draconian lockdown protocols.” “What was originally sold as 15-day hunkering down...
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NJ GOV PHIL MURPHY: “NO ONE SHOULD BE TRAVELING”
Last Wednesday, New Jersey Governor Phil Murphy declared that no one in his state should be traveling outside the state for any reason other than absolutely essential tasks. Also, as the supreme ruler of the state, Murphey scribbled his name on an “executive order” that shuts down all indoor sports and restricts outdoor gatherings to...
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BOSTON: MORE LOCKDOWNS, MORE HOMICIDES
It’s a trend we forecast in March when politicians began locking down economies to fight the COVID War: “RISE IN CRIME,” and it’s spreading across America. Homicides in Boston have jumped 54 percent from last year, the Boston Globe reported. The paper reported that shootings are also up in the city along with gun-related arrests. The “experts”...