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Washington Post (September 10)

2022/ 09/ 12 by jd in Global News

“After months of gloom, Americans are finally starting to feel better about the economy and more resigned to inflation. Consumer sentiment, which hit rock bottom in June, has begun inching up in recent weeks. Gas prices are down. Decades-high inflation appears to be easing.” And there are signs that “many families are learning to deal with higher prices.”

 

Bloomberg (May 24)

2022/ 05/ 24 by jd in Global News

“For decades, the surest way for ordinary Chinese families to grow their wealth and guarantee future financial stability was to put most of their money into real estate, and the rest into the stock market. Now, even those with money to spare are clutching onto their cash, not willing to take a chance in the Covid-battered Chinese economy.”

 

Reuters (August 31)

2021/ 08/ 31 by jd in Global News

“Parents will feel the change” of new restrictions limiting minors to a single hour of video game time on Fridays, Saturdays and Sundays. “Workaholics will find it harder to … use addictive games and apps as de-facto babysitters, but then the government is trying to reduce overtime too. Over the longer term, this could be healthy for Chinese families, but not so much for businesses.”

 

Wall Street Journal (July 11)

2019/ 07/ 13 by jd in Global News

“The bitterness of Brexit pervades all aspects of British life and politics. It has divided friends and families, produced a Conservative cabinet with more leaks than an old sieve, split the diplomats of the U.S. and the U.K., and exposed a rift between Britain’s elected politicians and its unelected civil servants.”

 

The Economist (November 24)

2018/ 11/ 25 by jd in Global News

“American families are increasingly hard to distinguish from European ones.” Though the economy has improved, “births continue to drop. America’s total fertility rate, which can be thought of as the number of children the average woman will bear, has fallen from 2.12 to 1.77. It is now almost exactly the same as England’s rate, and well below that of France.”

 

New York Times (July 1)

2018/ 07/ 03 by jd in Global News

“There’s an anomaly in an economy that is supposedly running flat out: Many families still haven’t recovered the wealth they lost in the financial collapse…. Despite high stock prices and record home prices, household net worth since 2007 has decreased for all income groups — except the top 10 percent.”

 

Financial Times (September 27)

2015/ 09/ 29 by jd in Global News

“It is disappointing that Mr Abe chose last week not to redouble his efforts,” especially on the third arrow of structural reform, “but instead promulgate three newer arrows: ‘strong economy’, ‘support for families’ and ‘social security’. Anything that confuses his original, and clearer message risks undermining its goals.” Moreover, his original program has been working. “Japan is no longer the deflationary outlier — virtually every developed country has seen negative inflation following the recent oil price falls. When this effect is stripped out, Japan’s CPI has been growing at between 0.5 and 1 per cent, well above its previous rate.”

 

Wall Street Journal (December 17)

2014/ 12/ 18 by jd in Global News

“When we increased paid leave at Google to 18 weeks, the rate at which new mothers left fell by 50%.” For her fifth time, the CEO of Youtube will take maternity leave at Google, but Susan Wojcicki points out that Google remains an exception in the U.S. where paid leave is not federally required. “Paid maternity leave is good for mothers, families and business. America should have the good sense to join nearly every other country in providing it.”

 

New York Times (February 5, 2014)

2014/ 02/ 06 by jd in Global News

Recent estimates credit the Affordable Care Act with unchaining 2.5 million people from their jobs over the ensuing decade. “The new law will free people, young and old, to pursue careers or retirement without having to worry about health coverage. Workers can seek positions they are most qualified for and will no longer need to feel locked into a job they don’t like because they need insurance for themselves or their families.”

 

New York Times (November 7)

2013/ 11/ 09 by jd in Global News

“The competition to get into higher-ranked universities is destroying the lives of young people and their families in countries like South Korea and Japan…. The paradox is these ridiculous tests don’t necessarily lead to demanding college classes.”

 

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