This example is provided by the Association of Pennsylvania State College and University Faculties; they’re holding the education of 100,000 state college/university students hostage against satisfaction of the union’s demands.
APSCUF President Kenneth Mash:
We are headed to the picket lines, but even on the picket lines, our phones will be on, should the State System decide it doesn’t want to abandon its students[.]
The union said late Tuesday night that the state had handed it its last, best offer and was done negotiating.
It is, though, something that’s been well-known for several years; it’s been baked into our economy by the prior spending and taxing paradigms of this administration from its passage of Obamacare forward.
A slowdown in the growth of federal revenues, as well as rising government spending, pushed the US deficit up in the 2016 fiscal year for the first time since 2011, reversing the trend of falling deficits as the economy recovered in recent years.
The budget shortfall widened to $587 billion in the fiscal year that ended Sept 30, the Treasury Department said Friday, up 34% from the previous fiscal year.
Some folks sued RJ Reynolds Tobacco Co over its hiring policy that
allegedly gave preference to applicants with two to three years of job experience out of college and disfavored those with closer to a decade in the workforce. The company’s guidelines provided to its hiring contractor, according to the ruling, said the greener group of workers “adjusts easily to changes.”
The suit centered on the premise that this policy had a disparate impact on older workers. In the words of Lee Parks, an employment and civil rights lawyer with Parks, Chesin & Walbert, the policy means that
…whether government’s or private businesses’ will Big Government require before it will allow a failed enterprise to fail?
Regulators want to prevent taxpayers from having to ever again bail out big banks. Their latest idea: make the banks bail themselves out.
Previously, banks had struggled to persuade regulators they had a plan—called a “living will”—that would allow them to be dismantled and shut down if they got into trouble without taxpayers taking a hit. Now, banks are creating new structures that would allow their most important parts to keep functioning, even if the parent company has to file for bankruptcy. The aim is to avoid the kind of market chaos that could cause economic harm.
A Black-owned bakery, Fat Cupcake, baked up a batch of cupcakes to honor our President, an American who happens to be black; they titled the cupcakes “Mr President.” Fat Cupcake described their confection on their menu as an
Oreo (™) Cookie baked inside white cake, cookies n’ cream buttercream.
It didn’t take long for the Left to start manufacturing a racist beef where none exists, thereby displaying their own racism. Via Yelp, for instance:
Very troubling. They were serving a cupcake called the “Mr President” that had an Oreo cookie inside. When I tried to point out the racism implied, they claimed that “our current president loves Oreos.”
The European Union’s antitrust authority on Friday said it was considering changes to its merger review rules to include a wider swath of technology and pharmaceutical deals that normally wouldn’t fall within its purview but could possibly harm the bloc’s internal market.
…the European Commission said it was fielding opinions from the public on whether the regulator should also probe mergers involving companies with smaller revenues.
Because instructing the big companies on the business decisions the Commission would permit them to take doesn’t have enough juice for them anymore.
Only in a centrally planned economy would either be tried, much less both on the same item.
Seventeen Chinese cities have imposed restrictions on buying real estate in the past week as China’s leadership tries to cool a home-purchasing frenzy that is sending prices soaring.
These restrictions come with the justification that demand is too high—there’s too much money running in—for the supply of housing that’s actually available. And, in addition to increasing the down payment required to get into a house (which should be a bank decision, not a government one (except that the PRC’s banks are controlled by governments at various levels of the hierarchy)), the government is requiring that
Republican Party Presidential candidate Donald Trump took a tax loss of more than $900 million in 1995. This would seem to allow Trump to pay vastly reduced, or no, income taxes in the ensuing several years. Democrats are all up in arms over that, and how unfair it is, and how Trump must be dishonest to do such a thing.
The Seattle city council, in its infinite Know Better wisdom, has passed what it’s pleased to call a “secure scheduling” ordinance. This is an ordinance that requires “certain” employers
to tell their workers two weeks in advance which shifts they will be working.
Should an employee be called in for extra hours, say, to replace a sick co-worker, the employer will have to pay him added “predictability pay.” Should an employee be sent home early—maybe because business is slow or a delivery is late—the employer must compensate him for half the hours he was scheduled to work.