Full-Time Jobs Fall Again as Total Employment Flatlines in April
2024-05-03
According to a new report from the federal government’s Bureau of Labor Statistics this week, the US economy added 175,000 jobs for the month of April while the unemployment rate rose slightly to 3.9%. The new reported job growth was considered a “miss” in that it came in below expectations, and for the first time in months, the media did not declare the jobs report to be “a blowout” or “strong.” Instead, the official narrative seemed to be that the “slowing economy” will bring down CPI inflation, and thus the Federal Reserve will soon force interest rates back down and bring about the fabled “soft landing.” Not surprisingly, then, the lackluster jobs report led to a rally in stocks, as Wall Street anticipates a Fed rate cut. For anyone who has taken a more skeptical view of the jobs
The Tyranny of the 1964 Civil Rights Act
2024-02-24
In Freedom and the Law, Bruno Leoni argues that the main threat to liberty comes not from overweening officials but from the law that empowers them. As Murray Rothbard puts it, “The real and underlying menace to individual freedom is not the administrator but the legislative statute that makes the administrative ruling possible.” In that light, we can see that woke tyranny does not come from the self-important diversity, equity, and inclusion (DEI) officers who claim to enforce “our shared values” but from the legislation that vests power in them. The real threat comes from the Civil Rights Act of 1964.
Without the Civil Rights Act, DEI officers would have no cover for their preposterous schemes and polices. What right would they have to command people to kneel to showcase concern for