Gongol.com Archives: April 2015
Early warning: American teenagers aren't working
Unemployment among teens ages 16 to 19 is at 17.5%, compared to a sub-6% rate for the population at large. Causes may include large numbers of adults occupying low-skill jobs, high levels of automation displacing low-skilled work, and/or pressure for higher minimum wages. Effects could very well include higher rates of violence and crime in the short run, and lower life-cycle earnings in the long run.
Murder charge follows police shooting
Meaningful civilian oversight of "peace officers" needs to make a real comeback. One can't possibly fathom what would justify the escalation of violence on display in the South Carolina incident, nor the apparent failure by the responding police officers to render aid.
China stock markets have an average P/E ratio of 220
No more "loser Rob Lowe" commercials from DirecTV
Someone please tell Rahm Emanuel to fix Chicago's budget, now that he's been re-elected