Category Archives: Economy

Employment Numbers Short as Economy Booms

employment numbers

Friday’s employment numbers came in 800,000 short of expectations. Meanwhile, job openings go begging, proving this is still a capitalist country. If you pay Americans not to work that’s what they’ll do.

Biden Goes Big with Itty Bitty Mandate

Biden goes big, FDR, mandate

President Biden goes big with Franklin Roosevelt style spending. Democrats Ed Markey and Jerry Nadler even have a Supreme Court packing scheme. But what did FDR have that Joe Biden doesn’t have? A Depression. A world war. And a gigantic mandate.

CEO Descendants of Gilded Age Plutocrats in Politics

CEO, Plutocrats, politics

CEO’s aren’t what they used to be.

The fat gilded age plutocrats on the left are from the 1889 cartoon “Bosses of the Senate” by Joseph Keppler. And their modern day descendants are the skinny guys on the right.

Here’s some of what Dan Henninger had to say about the corporate chieftains’ political Zoom meeting last Saturday:

The spectacle of 100 executives meeting on the weekend to discuss voter suppression is the Zoom version of Davos, the World Economic Forum’s earnest annual exercise in Switzerland for addressing the world problems, though its primary function is to bestow status and validation on the CEOs invited to attend.

Daniel Henninger, The Wall Street Journal

United Airlines Sets Pilot Quotas for 2030

United Airlines, women and minority hires

United Airlines has pledged to hire more women and people of color as pilots. Is the company lowering its standards or is it not hiring the best pilots now?

Corporate CEOs Woke to State Voter Laws

corporate ceos, delta, china eastern airline

Elite corporate CEOs held a zoom conference over the weekend. Their mission was to show they are woke to state laws that suppress minority voters. Or, in other words, to stay a step ahead of the mob. Ed Bastian, CEO of Atlanta based Delta is very concerned about the Georgia voter law which requires ID, just like the company he runs. In 2015 Delta paid $450 million for a 3.5 percent stake in its Chinese partner China Eastern Airline.