Imagine my confusion when Gelson’s announced that Broguiere’s would be shutting down — with milk sales brisk and social media abuzz, what could be forcing this otherwise vigorous business off the market? Large corporations like Kraft and Nestle have always eaten into sales, but owner Ray Broguiere says that state and local regulations are making continued business untenable.
With the ongoing trade war causing highly volatile relations between the United States and China, new evidence is emerging that the PRC (People’s Republic of China) is reevaluating its position in the face of hardening American opposition.
When talking politics with Sanders or Ocasio-Cortez supporters, advocates of the free-market, myself included, tend to ask these adherents of democratic socialism the following: “If socialism is so fantastic, can you explain the failures of Venezuela, Zimbabwe, and the USSR?”
On June 27, the Supreme Court handed down a decision in Janus v. AFSCME authored by Justice Samuel Alito. Advocates of Big Labor were quick to decry the ruling as a union-busting exercise in judicial activism, while most of the political right lauded it as a refreshing win for workers’ rights. But in today’s charged political climate, both claims might reasonably be viewed with skepticism by those in the center. What did the ruling actually hold, and what will be its consequences for America?
The Iranian rial has seen its value plummet against the dollar this past week amid rumors that the U.S. will impose a new round of economic sanctions in the coming days. Iranians have scrambled to exchange in their rials for dollars in recent months, not knowing what the future may hold for their economy. These transactions, along with the speculation of sanctions, have caused the currency to see a sharp decline in value year to date.
The trade war between the world’s two largest economies is entering its second round, and China is taking a beating. Bloomberg writes that China has recently ceded its position as the world’s second largest economy in terms of market capitalization to Japan, whose equities it eclipsed previously in 2014. Chinese equities dropped in value to $6.09 trillion USD slipping well below the Japanese equity market, which is currently valued at $6.17 trillion USD.
According to a new article from the Brookings Institution, only 4 in 10 disabled Americans are employed, even as there is now an available job for every unemployed American seeking work. As counter intuitive as it may seem, one of the reasons for low levels of disabled employment is the Americans with Disabilities Act (ADA). If the United States wishes to improve levels of disabled employment, the ADA should be repealed.