Author Archive: Stephen Green

AN LLM CAN’T INSTALL A FURNACE: Plumber or programmer? Trades workers close the job gap.

While AI has taken some entry-level white-collar jobs, hurting new college graduates, demand is strong for blue-collar workers.

“Mean hourly wages for plumbers, pipe fitters, electricians and boilermakers — all of which typically require apprenticeships — eclipsed the overall hourly mean wage for U.S. workers in 2023, which was about $31.50,” Telford writes. Elevator and escalator repair technicians averaged more than $48 an hour.

Education and skills still matter, says Jeff Strohl, director of Georgetown University’s Center on Education and the Workforce. The center’s “Future of Good Jobs” report predicts that 66 percent of workers with a four-year degree will be able to compete for “good” jobs — with median pay of $82,000 — in the next five years, compared to only 19 percent of workers with a vocational certificate or two-year degree.

However, schools went too far in pushing “college for all,” Strohl told Telford. “What we didn’t do was set up viable alternative pathways for students to succeed, to the detriment of the economy and the detriment of those students.”

Yes.

LOL, LINKEDIN: Conservative group blasts LinkedIn for removing pro-ICE post, labeling it ‘hateful.’

“.@DHSgov is carrying out the essential task of keeping our country safe,” State Freedom Caucus Network posted on Jan. 27 on multiple platforms, including X and LinkedIn.

“Biden let over 10M illegal aliens enter our states, many being violent criminals and pedophiles. Every state must ensure collaboration with ICE and CBP to remove them. Our caucuses are on the frontlines leading their states to support @POTUS’s mission to keep Americans safe!”

On Thursday, SFCN revealed a screenshot showing that while the post had been allowed by X, it was flagged as “hateful speech” by LinkedIn and removed.

“Apparently protecting children is ‘hate,’ but letting actual predators roam free is fine,” SFCN wrote. “@elonmusk doesn’t censor us, but @LinkedIn does! We’ll be deleting our account as a result.”

I can’t remember the last time I read something about LinkedIn that wasn’t basically a joke.

THAT WOULD BE NICE: Former Trump economic official Gary Cohn says Kevin Warsh will ‘take the Fed back to its traditional’ norms.

“He was instrumental in that crisis,” Cohn said. “Kevin was the point person at the Fed — he was involved in every one of those discussions. And I truly believe, without Kevin’s expertise, and without Kevin being there, we would not have come out of the 2008 crisis as well as we have.”

The president’s selection of Warsh as his nominee was expected to be viewed as a safe choice on Wall Street given his monetary policy experience and well-established views on inflation.

Cohn said he expects Warsh to “stay out of a lot of the non-financial issues,” while he is “going to be involved, obviously, in setting interest rate policy.”

Looks like a real improvement over Powell — still, maybe the best selection for Fed Chair would be a dedicated “End the Fed!” type.

FINGERS CROSSED: ‘We’re not in a bubble yet’ because only 3 out of 4 conditions are met, top economist says. Cue the OpenAI IPO.

Owen Lamont, a portfolio manager at Acadian Asset Management and a former University of Chicago finance professor, said that while the market looks and feels frothy, we are not currently in an AI bubble. As he talked to Fortune from his office in Boston, the S&P 500 breached 7,000 for the first time, but he wasn’t dissuaded. To Lamont, the tell-tale sign of a bubble is equity issuance, when corporate executives, the ultimate insiders, rush to sell overvalued stock to the public.

“Part of the reason I think there’s not a bubble is I don’t see the smart money as acting like there’s a bubble,” he told Fortune. “Maybe I should say there’s not a bubble yet.”

In his view, the smoking gun for a bubble forming would be companies going public and selling equity. That would be a play for the dumb money, he added.

Lamont’s bubble-detection framework relies on “Four Horsemen”: overvaluation, bubble beliefs, issuance, and inflows. While he conceded that three of these are present in the market of early 2026—valuations are high, retail investors are piling in, and sentiment is frothy—the absence of issuance disqualifies the current cycle from bubble status.

In the meantime, enjoy the ride.

RESIST: LAPD Says It Will Not Enforce Gavin Newsom’s Mask Ban For ICE Agents.

LAPD Chief Jim McDonnell said the policy makes little sense from a safety standpoint, ABC7 Los Angeles reported. He called the law a poor public policy decision that lacked proper consideration.

We are in line with our federal partners on everything except immigration enforcement,” McDonnell said. “What we’ve seen since June here in Los Angeles and seen across the country, we’re as frustrated as everybody else — about the way that’s being done.”

McDonnell told reporters at a news conference that one armed agency confronting another over a misdemeanor creates unnecessary conflict, according to the Los Angeles Daily News. He said his department’s job is to de-escalate situations rather than escalate them.

Federal agents shouldn’t be masked — but there’s really no alternative when the Left has turned to doxxing and violence.

CHANGE:

Make the Western Hemisphere Great Again.

Tangentially related in Venezuela: That Must Have Been One Heck of a Phone Call. “The actions that have followed in the few days since sort of give you an idea of exactly how that phone call went down. I’m guessing Trump may have reminded her that there could easily be a ‘second wave.'”

KRUISER’S MORNING BRIEFING: Dems Are So Lunatic That Conservatives Root for the Feds Now. “I live right next to downtown, and while I was out for a long walk on Friday afternoon, a lot of the protesters were walking through my neighborhood, on their way back to wherever it is they go to feast on bile and bitterness. They were dragging their signs along with them, looking like they were returning from a funeral. They were all beyond miserable.”

COME SEE THE BIGOTRY INHERENT IN THE LEFTISM:

When they don’t have facts on their side, they make it about identity.

CHANGE: Denmark unveils legal reform to allow the worst foreign criminals to be deported.

Denmark unveiled a legal reform on Friday allowing foreigners who have been sentenced to at least one year of unconditional imprisonment for serious crimes to be deported.

Prime Minister Mette Frederiksen said the measure would affect any foreign national convicted of serious offences, such as aggravated assault and rape, though she acknowledged the idea — part of a series of legal changes — could conflict with European human rights conventions.

Everybody in Europe seems to have human rights, except for Europeans.

SAY ANYTHING:

The Community Note is brutal.

SPACE: Musk’s SpaceX applies to launch a million satellites into orbit.

Elon Musk’s SpaceX has applied to launch one million satellites into Earth’s orbit to power artificial intelligence (AI).

The application claims “orbital data centres” are the most cost and energy-efficient way to meet the growing demand for AI computing power.

Traditionally, such centres are large warehouses full of powerful computers that process and store data. Musk’s aerospace firm claims processing needs due to the expanding use of AI are already outpacing “terrestrial capabilities”.

It would increase the number of SpaceX satellites in orbit drastically. Its existing Starlink network of nearly 10,000 satellites has already been accused of creating congestion in space, which Musk denies.

The new network could comprise up to one million solar-powered satellites, according to the application filed on Friday with the US Federal Communications Commission – which does not specify a timeline for the plan.

SpaceX claims the system would deliver the computer capacity required to serve “billions of users globally”.

I’m trying to imagine the earthbound infrastructure to make that happen.

YET ANOTHER REMINDER THAT LEFTISM HAS NO INHERENT LIMITING PRINCIPLES:

GENOCIDE, EUGENICS… ANYTHING THAT MIGHT GET THE LEFT WHAT IT WANTS: