Global Growth Hinges On Policy Shifts Political Clarity Fed on GDP/perspn grpwth
the WIA impact evaluation used random assignment to allocate individuals to three types of services:
Full-WIA Compared to Core Services. The most important test of the WIA’s effectiveness is the comparison of the full-WIA to core services on earnings and employment. During the five quarters of the follow-up period, members of the full-WIA group failed to have statistically different earnings than the earnings of the core group members.In the fifth quarter, the full-WIA group earned, on average, about $250 more than the core services group—a statistically insignificant difference. Despite being more likely to enroll in training, receive one-on-one assistance, and other employment services, members who participated in the full-WIA saw no effect on earnings.
Areas around the world with unsafe air.
The stock market is up, unemployment is down but things aren't rosy for all Americans.
A new analysis of government data by the Consumer Federation of America found that the number of Americans in default on their student loans jumped by nearly a fifth last year.
As of the end of 2016, there were 4.2 million Federal Direct Loan borrowers in default, meaning they've not made a payment in more than 270 days. That's up 17 percent from 3.6 million at the end of 2015.
"Despite all improvements in the economy, student loan borrowers are still struggling," said Rohit Chopra, senior fellow at the Consumer Federation of America and formerly the Consumer Financial Protection Bureau's Student Loan Ombudsman.
As of the end of 2016, 42.4 million Americans owed $1.3 trillion in federal student loans, according to the U.S. Department of Education data. This doesn't include borrowing through private student loans, credit cards, and home equity loans to finance the growing costs of college.
The Federal Reserve System puts the measure slightly higher at $1.4 trillion, as it includes private loans as well.
Defaulting on a federal student loan can be a financial disaster for the borrower. Unlike other types of debts, most federal student loans cannot be discharged in bankruptcy. Those who go into default face serious repercussions including wage garnishment, damaged credit scores and potentially added costs in fees, interest and legal fees.
Canadian sex toy manufacturer We-Vibe agreed to pay out $3 million to customers after acknowledging that it was using “smart vibrators” to track the sexual activity of users without their knowledge.
The percentage of students enrolling in college in the fall immediately
following high school completion was 68.4 percent in 2014 (source).
During the 2016–17 school year, colleges and universities are expected to award 1,018,000 associate's degrees;
1.9 million bachelor's degrees; 798,000 master's degrees; and 181,000 doctor's degrees (source).
In 2013–14, postsecondary institutions awarded 96,900 certificates below the associate's degree level,
1.0 million associate's degrees, 1.9 million bachelor's degrees,
754,000 master's degrees, and 178,000 doctor's degrees (source).
Source Geek Articls
The fundamental cause of the economic and financial crisis that began in
late 2007 was lending by the finance sector that primarily financed
speculation rather than investment. The private debt bubble this caused is
unprecedented, probably in human history and certainly in the last century
(see Figure 1). Its unwinding now is the primary cause of the sustained
slump in economic growth. The recent growth in sovereign debt is a symptom
of this underlying crisis, not the cause, and the current political
obsession with reducing sovereign debt will exacerbate the root problem of
private sector deleveraging.
Defunding Government Backfires On Wealthy (Mark Blyth Interview) he feels we are missin the boat on solar cells and green storage
American Income Inequality Perfectly Explained (Mark Blyth Interview) Dem didn't solve problems, income inequality, drugs, loss of jobs because of Urber and amazon.com. Desire for full employment caused inflaton so in the fight against inflation created a flat world which screwed the workers.
|Fake News ORIGINATED WITH websites that were Astrosering created by
fake websites to created to pump lies into the Net to be picked up by the
1) Nominal Definition Disagreement Example Trump Unemployment is more like 40%, media unemploymnet is less than 5%. MEDIA IS USING U1
2) 2) pROPAGANDA
3. aNYTHING YOU DON'T LIKE
"The Death of Expertise" on State of Mind" Narcissism
enhanced in the 1970's when equality went from equality
first 3 minutes of Why There Is No Accountability (Mark Blyth Interview)
American Income Inequality Perfectly Explained (Mark Blyth Interview)
Aldous Huxley interview-1958 (FULL)
An addiction expert explains the root causes of the opioid epidemic.
How can people are unhappy when government supplements 60% of them.
|Some Don't As Rural South Votes
Less Government Check
Out our State Which
States Are Givers And- Which Are Takers
people are from poor rural southern states where many do not have insurance
but they have an issues that are so important they give up economic gain.
states-- Italy, Greece, Portages, and Spain insist on voting their
pocketbook to the detriment of society and
rich states--Germany and other northern European states do not want to pay the bill. In contrast, US, southern states do not only
not vote their pocketbook; they refuse help like Obamacare coming from the north. US south easily defeats the European south
in the economically stupid war!
Many poor people don't collect Social Security because the die and while science will keep even poor people alive longer,
their debilitating diseases will make them miserable and cost Medicare a fortune.
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