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Year-over-year drops in passenger traffic is well correlated with changes in the employment level, and passenger traffic fell for two months in a row.
Year-over-year drops in passenger traffic is well correlated with changes in the employment level, and passenger traffic fell for two months in a row.
The United States is dangerously close to entering yet another war in the Middle East. But this one has the potential to be a lot costlier for the American people while remaining just as unlikely to bring about peace and stability in the region.
The Israeli state and its supporters view the American taxpayers as people to be exploited and defrauded for the benefit of a regime that offers Americans nothing in return.
If wealth could be created out of scraps of paper or their digital equivalent, world poverty would be a thing of the past. Remember, the commodity money takes care of itself—and us too, if we let it.
Why is the Trump administration levying tariffs? Are they for tax purposes? Protecting domestic industries? Bargaining chips for international deal making? The administration and its supporters have floated mutually-exclusive reasons for these policies, making the confusion worse.
Despite Trump‘s campaign promises and despite DOGE‘s so-called reputation of cutting government waste, the new administration is spending money faster than the supposed spendthrift Biden administration. This is Machiavellianism at its best.
Trump says he wants the US central bank to be more like the European Central Bank which has been more aggressively forcing down interest rates in recent months.
Amtrak subsidies keep many of Amtrak‘s routes alive despite the fact that ridership is down on many of them. These subsidies guarantee that Amtrak will be a second-rate, undercapitalized passenger railroad system.