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Posts Tagged ‘candidate’

Five years ago if someone had described an ongoing effort to unseat a sitting president — complete with salacious allegations about collusion with hostile foreign nationals — would any of us have believed it?

Five years ago if someone had described a leading political candidate under active FBI investigation — with the director of the FBI issuing an unprecedented public comment in the lead-up to the election — would any of us have believed it?

Five years ago if someone had said that a grassroots campaign with a passionate following involving a long-term U.S. senator would be undermined by no less than the Democratic National Committee — would any of us have believed it?

Five years ago if someone had said that a foreign power would stage demonstrations on American streets for and against our presidential candidates — while unleashing bots, hackers and fake news on social media — would any of us have believed it?

With each scandal-of-the-day rocketing out of newsrooms at breakneck speed, it is difficult to step back and appreciate how downright bizarre the past four years in American political history have been. Taking the long view while in the midst of the fray isn’t easy — but it’s a necessary step if we want to learn anything constructive from one of the most contentious periods in modern American history.

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With unemployment holding at a four-year low of 7.5 percent and the national economic outlook improving modestly according to the Bureau of Labor Statistics, the job market recovery is nonetheless slower than at any time since World War II, a UCLA Anderson Forecast study shows.

The question remains even as the Equal Employment Opportunity Commission attempts to keep closer tabs on hiring practices: How can job seekers make the most effective use of their limited time, money and resources? Ask a long-term job seeker if they feel the economy has improved and skepticism abounds. The unemployed and underemployed point to the record number of Americans who receive public assistance. They speak of the disconcerting impression that some job openings go nowhere: hiring decisions are delayed, the offer from HR that one is assured of after a promising interview fails to materialize or the right candidate remains elusive — as one can only infer when the same job opening is advertised week after week, month after month.

It doesn’t help that the Bureau of Labor Statistics recently reported the greatest plunge in hourly wages on record.

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She’s the world’s wealthiest woman you’ve never heard of and she’s saying something you probably wish you hadn’t: “Gina Rinehart, world’s richest woman, makes case for $2-a-day pay“,the Los Angeles Times reports.

The Australian mining heiress has a problem. The cost of running a mining operation in Australia cannot compete with Africans willing to work a continent away for $2 per day.

There’s a certain elementary logic to Rinehart’s argument. If the two nations are selling raw materials at vastly different prices because of vastly different costs of labor, her operation loses. In a worse-case scenario, it might not even make sense to go on operating. From Rinehart’s perspective, profit is the objective and benevolence is a job — never mind if the jobs she creates fails to compensate workers well enough to keep the lights on. She’s precariously positioned on that slippery slope so common to today’s political and trade debates: It could be worse: no jobs.

The world’s richest woman has a point. But it doesn’t pass the sustainable-future test.

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