Archive for 2022

FALLOUT: Russia’s Oil Exports Nosedive Following Price Cap. “According to one commodity-analytics firm Kpler, Russia’s seaborne exports fell by nearly 500,000 barrels per day on Tuesday, a 16% decline from the November average of 3.08 million bpd.”

MEN ON STRIKE: Men are dropping out of the labor force because they’re upset about their social status, according to a new study.

Men without four-year college degrees, between the ages of 25 and 54, have left the workforce in higher numbers than other groups. And they’re leaving because of their perceived social status relative to better-educated men of similar age, according to a new study from the Federal Reserve Bank of Boston.

Non-college-educated men have seen their pay shrink by more than 30% since 1980 compared to the average earnings of all other prime-age workers. Their weekly earnings have declined 17%, while those of college-educated men rose by 20%, adjusting for inflation. That earnings loss has caused a decline in their social status, prompting them to walk away from work entirely, Pinghui Wu, the author of the study, wrote.

“For many workers, a job not only offers financial security, it also affirms their status, which is tied to their position relative to their age peers and many social outcomes,” Wu wrote.

The study found that the decline in earnings for non-college-educated men over the last four decades has increased their likelihood of leaving the labor force by nearly half a percentage point. That also accounts for 44% of the increase in their exit rate.

This seems to conflate a very real decline in earnings, with a decline in social status — though, to be fair, that’s also real.

FROM LAURA MONTGOMERY:  Long in the Land: A Science Fiction Lost Colony Adventure.

#COMISSIONEARNED

Long in the Land: A Science Fiction Lost Colony Adventure (Martha's Sons Book 2) by [Laura Montgomery]

He’s a man on the run. But on this harsh alien world, freedom doesn’t mean he’s safe.Peter Dawe can’t face his mother’s relentless grief. With her anguish deepening his guilt and the colony’s governor out for revenge, he’s desperate to escape a deadly situation ready to explode. So he jumps at the chance to journey north away from danger, chasing the rare sight of a long-lost aircraft.

Buoyed by the glimpse of a machine he’s never seen before, Peter discovers the pilot desperately needs aid for his newborn son. But with sinister agents searching for them both, the remote planet may not be big enough to preserve the young fugitive from his enemy’s vengeance.

Can Peter find them refuge before they all fall to their doom?

Long in the Land is the thrilling second book in the Martha’s Sons science fiction series. If you like captivating world-building, edge-of-your-seat tension, and memorable characters, then you’ll love Laura Montgomery’s high-stakes tale.

Buy Long in the Land to make a stark choice today!

STOP MAKING ME DO THIS, I DON’T ENJOY IT, AND I HAVE BOOKS TO WRITE:  Our Trump Card.

AMERICA’S NEWSPAPER OF RECORD: In Pearl Harbor Remembrance Day Address, Kamala Harris Urges Nation Not To Forget January 6. “‘Pearl Harbor was bad. They dropped bombs on big, big boats. But January 6 was even more bad,’ said Harris in her speech. ‘They did an insurrection. An insurrection on the government. And we almost became a Nazi country. Remember it? We should all remember. The passage of time is very significant, but it will never make January 6 go away from our hearts. Amen.’”

OPEN THREAD: God rest ye merry commenters, let nothing you dismay.