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"A victory it was — for those who reject the political and economic policies of recent years." — Economics correspondent Paul Solman reporting from Oxford

#economics #Brexit #britain #UK #eureferendum #EuropeanUnion #Europe #markets #pound
First, of course, are the political implications. Second, these are millions upon millions of people who were voting against their pocketbooks. The third shock is more personal: my apparent over-reliance on the prediction markets, and on economists like Justin Wolfers who do as well.
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Brexit may well dent consumer confidence by way of falling markets, lower investment and less hiring.

#Brexit   #Britain   #europeanunion   #unitedkingdom   #Economy   #presidentialelection   #hillaryclinton   #donaldtrump   #economy  
Going back to 1952, consumer confidence has been a fair guide to presidential election outcomes.
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"Mainstream America" is a flawed, dangerous idea.

#America   #Mainstream   #workingclass   #middleclass   #socioeconomics   #economics  
"Mainstream America" is a flawed, dangerous idea.
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Paul Degonia's profile photo
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And the middle class number is getting smaller and smaller. While the free loaders/ useless eaters and the riches numbers are getting larger and larger. It's just a matter of time when the money well goes dry. Then there won't be any money for the free loaders/ useless eaters on welfare. And that will begin the thinning of the flock of the useless eaters one way or the other.
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Scientists expect El Niño to die out over the next few months, but it will have lasting consequences in the form of higher commodity prices.

#elnino   #climatechange   #droughts   #wildfire   #environment   #tourism   #commodities   #prices  
A wildfire rages, displacing tens of thousands. Droughts ravage crops, leaving tens of millions hungry. An African nation sells off some of its famous wildlife. Bleaching harms stretches of the Great Barrier Reef. What's happening? El Niño.
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Steve Paul's profile photoP Grimm's profile photokarl larson's profile photogabriela kaplan's profile photo
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Yes, and Trump thinks global warming is not real, and promises to cut down the Environmental Protection Agency
What is $ in the bank if we have no planet to live or eat from? Trump only things about $. He is a menace to the world
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Grit is passion and perseverance for long-term goals — essentially, the opposite of quitting. But is quitting ever a good thing? Psychologist Angela Duckworth, author of “Grit,” explores the question.

#Grit   #Passion   #goals   #psychology   #quitting   #science   #AngelaDuckworth  
Grit is passion and perseverance for long-term goals — essentially, the opposite of quitting. But is quitting ever a good thing?
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Should you take the job before you’ve seen the employee policy manual?

#AsktheHeadhunter   #jobhunt   #job   #jobsearch   #careeradvice   #hr   #employers  
Did you ever ask to see a menu at a restaurant only to be denied? Of course not. In business, take caution at accepting a job from a company that will not divulge everything you need to know.
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Frank Wetmore II's profile photoChris Monroe's profile photo
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Often companies take advantage of individuals - by utilizing these & other tactics - because individuals rarely have the resources, let alone the information, to engender any repercussions. It pays to do research throughout the course of your job hunting -- especially before one commits to an employer.
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Europe's bleak economic performance was not dictated by the gods. It was the result of the conscious decision by the EU leadership to turn towards austerity in 2010, writes economist Dean Baker.

#economy   #Europe   #europeanunion   #Brexit   #unitedkingdom   #austerity   #greatbritain  
Having been rejected by UK voters, the EU leadership is now intent on making them suffer. That’s not the sort of attitude that should determine economic policy, writes economist Dean Baker.
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Hope so. Dick Cheny sez debt doesnt mattet, and you can trust him. Shutgun?
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Labor advocates say the new overtime rules give workers a boost, but businesses say they will stunt economic growth.

#overtime   #labor   #departmentoflabor   #wages   #economy   #middleclass   #employees   #employers   #business  
Last week, the Obama administration unveiled new overtime regulations that would double the salary threshold that automatically entitles workers to overtime pay to $47,476.
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Ann M.'s profile photoKathryn Grace Jordan's profile photo
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They will reduce productivity unless the OT delivers proportionately more output, which is unlikely.
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Did this new grad get railroaded out of a job?

#jobs   #jobsearch   #careeradvice   #headhunter  
After reporting sexual harassment to his employer, a recent college grad was given an ultimatum: leave or stay.
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Michael Webber's profile photopeter k's profile photoLouisa Antonelli's profile photo
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its wrong what she did and it can be disturbing not only at work but you will carry it home it can effect your health and it will go on from there ....should be a law =I feel sorry for Him...it happens I am sure  every job has a bully and most times a conversation with him or her might help without going to higher authority
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Help! Medicare and Social Security accidentally canceled my benefits and won't set things straight.

#Medicare   #SocialSecurity   #GetWhatsYours   #retirement   #retirementplanning   #healthcare  
Justice is often thwarted by layers of bureaucracy, reluctance of people to confess their mistakes and problems in communicating your problem to the right people.
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There has been no shortage of big promises, but in the end, they all left the middle class staring into thin wallets while their manipulators were living high on the hog.

#establisment   #middleclass   #workingclass   #Reaganomics   #trickledown   #economics   #deregulation   #NAFTA   #bailouts   #recession  
The establishment was good at making big promises, but in the end, they left few crumbs on the table for the middle class.
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gasmi abdelghani's profile photoDavid Wong's profile photoDave Ferguson's profile photo
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Shields and Brooks don't get it. 59 million voters cast their ballot for Mitt Romney in 2012. 93 million eligible citizens did not vote. Sadly, it is within this 93 million is where Trump will get his votes to win. Not from establishment votes. Over the last 10 years Trump has defined himself as a winner in eyes of TV viewers (28 million in season 1).
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Successful entrepreneurs are not simply risk-takers, they are calculated risk-takers. They accept their emotions as sources of information that can be differentiated, appraised and used. 

#economics   #entrepreneur   #behavioraleconomics   #psychology   #oprah   #warrenbuffett  
What do Oprah Winfrey and Warren Buffett have in common? They are both calculated risk takers.
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Michelle Maher's profile photo
 
Is that so?
Have they retired from the Test Pilot program?
Lol.😅 
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