This is the sort of action Republicans want. As democrat supporter, I don't like it. I didn't like it when Obama did it, I didn't like it when Trump did it, and I don't like what Biden is doing. Then again, I don't worship my party and the individuals leading it.
People seeking better economic opportunities with no credible asylum claims are abusing the asylum system. It use to be commonly associated with people fleeing totalitarian/communist regimes (the USSR/China/Cuba etc etc) and now it's basically everyone who crosses the southern border is claiming "asylum." It's become a shameless pretext and gimmick to game the U.S. immigration system. You never heard about all these asylum claims 10 or 15 years ago. Circumstances have not changed such south of the border in that time that would reasonably open up such a surge in asylum applications.
Venezuela has gotten much worse in the last 10 years. Gang crime in El Salvador has greatly increased. Cuba has been hit very hard by reimposed economic blockade
This quote caught my attention since I read an article in the NY Times regarding the drop in crime. https://www.nytimes.com/2022/12/07/world/americas/el-salvador-state-of-emergency-crime.html Granted, a police state should not be sustainable due to the potential on-going human right violations going on and erosion of civil liberties, but it seems there has been some good that has come out of it.
For decades and decades in this country we've followed the customer welfare protection policy which allowed corporations to merge in the name of cheap prices for consumers. This has caused massive wealth inequalities and allowed scumbags like mark and musk to control more and more of our lives. Its why obama allowed facebook and whatsapp to merge and why facebook was allowed to purchase instagram. It has stiffled innovation and has helped monopolies to grow bigger and bigger. Now the ftc have put a stop to this. They won their first landmark case: https://www.reuters.com/markets/dea...ln-deal-merge-with-simon-schuster-2022-11-21/ The administration is now decalaring that the policy of america is to stop mergers and consolidation that may harm workers and suppress wages. This is a brand new style of thinking that has never been introduced in american economics before. American workers have always been looked down upon and used as slaves and pawns in the bigger picture. For the first time in modern history a judge agreed with the FTC and stopped a merger in the name of workers rights. The penguin merger would've merged the two of the top 5 publishing agencies which the judge said would've hurt reporters and journalists. SInce this ruling has occurred merger applications at the FTC are down by double digits as now firms are scrambling to review their guidelines.
My understanding is that while gang crime might have recently decreased rhe Bukele government has been committing far more human rights violations and that many are seeking asylum to escape being targeted by the government.
Regal Cinemas is closing 39 more movie theaters. See the list https://www.cnn.com/2023/01/20/business/regal-cinemas-closings/index.html
Disney Plans to Cut 7,000 Jobs, $5.5 Billion in Costs Newly reinstated CEO Robert Iger outlines his reorganization plan for the media giant https://www.wsj.com/articles/disney-dis-q1-earnings-report-2023-11675825320?mod=hp_lead_pos1
Blockbuster-ass business that has provided a poor experience to movie-goers for years forced to close as a result.
In a tight labor market, some states look to another type of worker: children Bills advancing in the Iowa and Minnesota state legislatures would roll back child workplace protections to address worker shortages. https://www.washingtonpost.com/business/2023/02/11/child-labor-iowa/ excerpt: It’s part of a persistent trend in labor economics, experts say. When employers struggle to find talent, many prefer to hire younger, cheaper workers rather than increase pay and benefits to attract adults. “Because of the high demand for workers, where there are holes in the system, unfortunately child laborers can get caught up in staffing some of those holes,” said David Weil, a professor of social policy and management at Brandeis University, and a former wage and hour administrator at the Department of Labor. Legislators in Iowa and Minnesota introduced bills in January to loosen child labor law regulations around age and workplace safety protections in some of the country’s most dangerous workplaces. Minnesota’s bill would permit 16- and 17-year-olds to work construction jobs. The Iowa measure would allow 14- and 15-year-olds to work certain jobs in meatpacking plants. The Iowa bill, introduced by state Sen. Jason Schultz (R), would permit children as young as 14 to work in industrial freezers and meat coolers, provided they are separate from where meat is prepared, and work in industrial laundry. At 15, they would be able to work as lifeguards and swimming instructors, perform light assembly-line work after obtaining a waiver from state officials, and load and unload up to 50 pounds of products from vehicles and store shelves with a waiver “depending on the strength and ability of the fifteen-year-old.” The Iowa proposal would also expand hours teenagers can work during the school year, and would shield businesses from civil liability if a youth worker is sickened, injured or killed on the job. more at the link
Almost all the tech companies have significantly more employees now than they did a year ago even after the layoffs. They layed off less than half of the additional hires they made during the last 12 months.
The economy is just correcting from the Covid-craziness. A bunch of people got tech jobs that didn't need to exist - they are now shifting back to their previous/other professions. It's also why supply chains are fixing themselves and inflation is coming down. And why the Fed is not running the show with any of this.
