The Wall Street Journal featured a rather disturbing article this weekend about how Americans -- primarily men, but also some women -- are working less than ever before, and not because we have suddenly become more productive, but because we're simply choosing to watch our screens instead of going to a job.
Key portion:
*The sum of these trends is a lot of missing workers. [AEI political economist Nicholas] Eberstadt estimates that if the U.S. maintained its employment-to-population ratio from 2000, we’d have more than 13 million more workers today. That would be more than enough to fill the record number of open jobs.
Instead, “America has been overtaken by the European Union” Mr. Eberstadt says. “This is not a bad joke.” Thirty years ago, America’s prime-age work rate was “nearly 10 percentage points above Europe’s. Now Europe’s is a couple of points higher than America’s.” The drop reduces household income, corporate earnings and government revenue.
The personal consequences of mass worklessness may outweigh the economic ones. Beyond the top-line labor numbers, Mr. Eberstadt’s research reveals the dreary lifestyles of a rising number of nonworking Americans.*
Today's episode is devoted to the second anniversary of the October 7 terror attacks. It was produced before the announcement of a ceasefire deal, yet remains current & relevant.
Please listen, and #bringthemhome.
SiriusXM Patriot 125, 7-10 p.m. ET (4-7 PT)
This week's portion is a beautiful poem, containing the Covenant between God and the people of Israel. But given the breaking news that Hamas may actually have agreed to release all of the Israeli hostages, I will devote my remarks to that.
One hopes it is true; if so, it makes this week's additional reading, from II Samuel 22, even more relevant: David's song of praise to the Lord for delivering him from the hand of his enemies.
"18 He rescued me from my powerful enemy,
from my foes, who were too strong for me.
19 They confronted me in the day of my disaster,
but the Lord was my support."
So much to focus on this week -- and much breaking news. A peace deal in the Middle East, perhaps? Eric Adams dropping out of the mayor's race? And a looming shutdown as Democrats push their demands beyond absurdity.
Special guests:
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