America may be billed as “the land of opportunity,” and perhaps at some point it was. But today, that just serves as leftover branding from an era long passed. Today, social mobility is low, and the wealth gap is at record levels. Consider the following two graphs from The Washington Post, with the first showing […]
This latest video from Boston Dynamics shows their dog-like robot, SpotMini, making its way through their facilities: Lots of jobs at risk from technology like this – security, delivery, warehousing…and we still haven’t had a public conversation about what the world looks like in light of inevitable widespread job destruction.
The federal H1b program is intended to allow foreign workers into the US to do high-skill jobs for which employers can’t find qualified domestic workers. In reality, it’s a way for US employers to lower their labor costs, ignoring the large pool of fully qualified (but more expensive) US workers in favor of cheap foreign […]
Thanks as always to Jim Quinn of The Burning Platform for sharing excerpts of How You Got Screwed. You can find Chapter 8, How you’re getting screwed by the military, here.
Saw this at Bored Panda – posted without comment.
Jim Quinn of The Burning Platform found this gem and posted it: Coupled with this chart (which highlights savings by age): There is a very strong belief in this country that the government will take care of us, and that’s reflected in these numbers. In truth, government is going to take care […]
Suppose you were selling lemonade on a hot day, and really raking it in – people were buying your lemonade hand over fist. Then you suddenly realize that you’re running out of lemonade. Do you close up shop, and miss all those additional sales? Or do you water the lemonade down a bit, reducing the […]
Jim Quinn of The Burning Platform has offered to share a few sample chapters from my new book, How You Got Screwed. Chapter 4, “How You’re Getting Screwed by Retirement Promises,” Is now available on his site. Go here to read it!
Watching the news coverage over the last few years, I’ve come to see politicians as magicians. Not because they’re entertaining in any way, but rather because they’re so good (with the help of the media, their attractive assistants) at misdirection – making you look over here while they do something elsewhere that they don’t want […]
I just received my author’s copies of my new book in the mail yesterday, and it reminded me that I need to figure out exactly what my position is on making money here. I do have a full-time source of income, and I have things that I have to pay for (home, kids, etc.). But […]