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Keyword: americaindecline

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  • The Kennedy Center Honors abandons the arts for pop culture

    08/03/2017 1:03:46 PM PDT · by Borges · 15 replies
    Washington Post ^ | 8/3/2017 | Philip Kennicott
    For years now, the Kennedy Center Honors have been devolving from an award that recognizes stellar achievement across a diverse and rich tradition of American arts into an entertainment-driven event that rewards star power and pop-culture cachet. Representatives of the wide range of traditional arts, including classical music, opera and ballet, have been slowly edged out until, it seemed, they were lucky to be represented with a single award among the five given out each year. This year even that toehold looks precarious. Of the five artists to receive the 2017 Kennedy Center Honors, only dancer and choreographer Carmen de...
  • Up to 25% of U.S. shopping malls may close in the next five years, report says

    05/31/2017 7:07:46 PM PDT · by markomalley · 58 replies
    Los Angeles Times ^ | 5/31/17 | Makeda Easter
    Between 20% and 25% of the nation’s shopping malls will close in the next five years, according to a new report from Credit Suisse that predicts e-commerce will continue to pull shoppers away from bricks-and-mortar retailers. For many, the Wall Street firm’s finding may come as no surprise. Long-standing retailers are dying off as shoppers’ habits shift online. Credit Suisse expects apparel sales to represent 35% of all e-commerce by 2030, up from 17% today. Traditional mall anchors, such as Macy’s, J.C. Penney and Sears, have announced numerous store closings in recent months. Clothiers including American Apparel, Bebe and BCBG...
  • Houses Are 73% More Expensive Today Than In 1973—Plots Are Smaller Too

    05/30/2017 10:04:24 AM PDT · by Thalean · 155 replies
    National Economics Editorial ^ | May 28 | Spencer P Morrison
    In 1973 the median household income was $9,265... Consider that the median sales price of a new home in January, 1973, was only $29,900—3.2 times the median household income. In other words, if the median family saved up every penny earned, and put it towards a new home, it would take just over three years to buy a brand new house. This held relatively steady for the next decade. In 1985, new home prices crept up a little, to 3.7 times the median household income. It was during the 1990s and 2000s that home prices began to skyrocket towards where...
  • Why Americans have stopped moving

    04/16/2017 3:25:57 PM PDT · by TBP · 122 replies
    New York Post ^ | April 15, 2017 | Kyle Smith
    Americans are stuck. Locked into our jobs, rooted where we live, frozen at our income levels. More than at any previous point in our history, we’ve stopped moving — whether moving up the income ladder or packing up a truck and finding another home. We’ve grown ossified, rigid. The flip side is that we’re stable. If we weren’t so content, we’d be more willing to gamble, to shake things up, to start a new firm or join one. Maybe we’re fine where we are. But maybe this period of stasis cannot last. Maybe it even portends a period of massive...
  • Millennials are falling behind their boomer parents

    01/15/2017 7:17:28 AM PST · by Sir Napsalot · 87 replies
    AP via CNBC ^ | 1-13-2017 | AP via CNBC
    Baby Boomers: your millennial children are worse off than you. With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles. The analysis being released Friday gives concrete details about a troubling generational divide that helps to explain much of the anxiety that defined the 2016 election. Millennials have half the net worth of boomers. Their home ownership rate is lower, while their student debt is drastically higher. The generational gap...
  • America’s million-doctor shortage is right around the corner

    The doctor is disappearing in America. And by most projections, it’s only going to get worse — the U.S. could lose as many as 1 million doctors by 2025, according to a Association of American Medical Colleges report. Primary-care physicians will account for as much as one-third of that shortage, meaning the doctor you likely interact with most often is also becoming much more difficult to see.
  • 5 Reasons why the Baby Boomers are the worst generation ever.

    02/07/2016 7:54:04 AM PST · by DeathBeforeDishonor1 · 212 replies
    Philly Mag ^ | 1/15/15 | Gene Marks
    "This is the real reason Washington can’t create a long-term deficit reduction plan. The boomers love their safety nets." Wow, so it looks like we have a budget deal in Washington. A debt ceiling and spending crisis has been averted. It’s good news. But let’s all calm down. It’s only temporary. The agreement does not address the long-term fiscal problems we have. Problems that were mostly created by none other than the “baby boomer” generation. Yeah, you know who you are. You’re tanned and healthy and living way past average life expectancy. You’ve got a defined benefit pension plan from...
  • Princeton joins schools race row as protesters demand cultural space just for black students...

    11/18/2015 7:32:00 PM PST · by matt04 · 59 replies
    Princeton University has become the latest school to be embroiled in a race scandal with 30 student's staging a sit-in inside their president's office. The Black Justice League (BJL) have told President Christopher L. Eisgruber they won't leave until Woodrow Wilson's name is removed from a college and international affairs school, and a mural to him in a dining hall is demolished. The group believe the former President, who led the formation of the League of Nations and helped all women get the vote, was a 'proud Clansman' who has a 'racist legacy'. They also want a 'cultural space' only...
  • Baby boomers are what’s wrong with America’s economy

    11/06/2015 8:07:55 AM PST · by MadIsh32 · 188 replies
    Washington Post ^ | 11/05/2015 | Jim Tankersley
    If anyone deserves to pay more to shore up the federal safety net, either through higher taxes or lower benefits, it’s boomers — the generation that was born into some of the strongest job growth in the history of America, gobbled up the best parts, and left its children and grandchildren with some bones to pick through and a big bill to pay. Politicians shouldn’t be talking about holding that generation harmless. They should be asking how future workers can claw back some of the spoils that the “Me Generation” hoarded for itself.
  • Chinese Firm Plans $1.3 Billion Purchase Of Texas Oil Lands

    10/25/2015 8:30:13 PM PDT · by UMCRevMom@aol.com · 85 replies
    NPR ^ | October 25, 2015 | BRAKKTON BOOKER
    The Shanghai-listed Yantai Xinchao Industry Co. filed a security filing over the weekend announcing it would purchase Texas oil properties for 8.3 billion yuan. AFP/AFP/Getty Images A Chinese investment holding company intends to put down stakes in the United States after signing a letter of intent to purchase oil properties in western Texas for $1.3 billion through a limited liability partnership. The Shanghai-listed Yantai Xinchao Industry Co., said in a securities filing over the weekend, it was a purchasing oil lands in the Texas counties of Howard and Borden as part of the proposed acquisition of Ningbo Dingliang Huitong Equity...
  • My Theory on McDonald’s Demise

    10/19/2015 7:40:55 PM PDT · by Kaslin · 148 replies
    Rush Limbaugh.com ^ | October 19, 2015 | Rush Limbaugh
    RUSH: In the last couple or three days I have been reading more and more stories about how much trouble McDonald's is in that they may not make it. It's gotten to the point now where McDonald's may not make it. And the last story that I have here is from Business Insider, and the headline is, "McDonald's Franchisees Say the Brand Is in a Deep Depression and Is Facing its Final Days." And everybody is trying to figure out what happened. You know, McDonald's dates back to -- well, in its current iteration -- the mid-sixties. It wasn't Ray...
  • Jimmy Carter: America in 'Inevitable Decline,' Not Obama's Fault

    07/07/2015 5:52:35 AM PDT · by governsleastgovernsbest · 51 replies
    NewsBusters ^ | Mark Finkelstein
    From the man who brought you malaise, now an even more depressingly negative view of America . . . On today's Morning Joe, Jimmy Carter declared that America is in "inevitable decline." But no finger-pointing at President Obama, please: Carter declared that the decline is "not because of any defect or fault on the part of the President of the United States." Cue the Cole Porter: it's just one of those things. View the video here.
  • The Unlikely Turning Point in the Same Sex Marriage Battle (Trump's Pro-Gay Pageant)

    07/02/2015 6:55:23 PM PDT · by nickcarraway · 35 replies
    American Thinker ^ | June 29, 2015 | Jack Cashill
    This past weekend has been heady one for our friends on the soft-core left. Without ever attending a meeting, let alone a march, or even making a donation, they got to celebrate Obergefell v. Hodges as if it were V-J day. These are the same people, of course, who protested not a peep in 1996 when Bill Clinton signed the Defense of Marriage Act into law, the same people who voted giddily for Barack Obama in 2008 despite his avowed support for traditional marriage, the same people who cannot wait until their next water cooler encounter to dress down some...
  • Gary Hart: America’s Founding Principles Are in Danger of Corruption

    06/28/2015 7:03:08 AM PDT · by Brad from Tennessee · 51 replies
    TIME ^ | June 26, 2015 | By Gary Hart
    Welcome to the age of vanity politics and campaigns-for-hire. What would our founders make of this nightmare? Four qualities have distinguished republican government from ancient Athens forward: the sovereignty of the people; a sense of the common good; government dedicated to the commonwealth; and resistance to corruption. Measured against the standards established for republics from ancient times, the American Republic is massively corrupt. From Plato and Aristotle forward, corruption was meant to describe actions and decisions that put a narrow, special, or personal interest ahead of the interest of the public or commonwealth. Corruption did not have to stoop to...
  • As Barack Obama's term ends, immigration and visa issues may hurt Indian IT services companies

    06/08/2015 6:51:07 AM PDT · by ConservingFreedom · 17 replies
    The Economic Times ^ | 8 Jun, 2015 | Neha Alawadhi
    NEW DELHI: Immigration and visa issues, which have long plagued the information technology sector, could come back to hurt Indian IT services companies this year as the US heads towards Presidential elections in 2016. In the US, the biggest market for the Indian IT services sector, "this will be a bloody, contentious election and immigration reform is right up there for discussion," said Phil Fersht, founder and chief executive of HfS Research. "The displacement of US IT and back-office jobs will be a significant issue leading up to 2016." India's $146 billion IT outsourcing industry has been a beneficiary of...
  • Cheney: President Obama Wants ‘To Take America Down’ [VIDEO]

    04/08/2015 10:13:02 AM PDT · by sheikdetailfeather · 14 replies
    Daily Caller ^ | 4-7-2015 | Al Weaver
    In an appearance on “The Hugh Hewitt Show” Tuesday night, former Vice President Dick Cheney said that President Obama’s actions on the world stage exemplify a president who wants “to take America down.” Cheney also touched on Obama’s comments on Wisconsin Gov. Scott Walker, telling Hewitt that Obama is the only post-World War II president to believe that America doesn’t need “to play a leading role in the world.” The former vice president made the appearance following the announcement of a new book on American foreign policy, co-authored by himself and daughter Liz Cheney, will be released in September.
  • WH: We 'Welcome' Defense Secretary's Remarks About Transgenders Serving in Military

    02/24/2015 6:35:40 AM PST · by PROCON · 23 replies
    cnsnews ^ | Feb. 24, 2015 | Susan Jones
    (CNSNews.com) - The Obama White House says it welcomes comments by the new defense secretary about transgender people serving in the United States military. "I've seen the reports of Secretary (Ash) Carter's comments," White House spokesman Josh Earnest told reporters on Monday. "I can tell you that the president agrees with the sentiment that all Americans who are qualified to serve should be able to serve. And for that reason, we here at the White House welcome the comments from the secretary of defense. "But in terms of -- of additional steps that the Department of Defense will take to...
  • Obama aims to show Islam, Western communities can coexist

    02/19/2015 10:15:30 AM PST · by NormsRevenge · 50 replies
    Yahoo News ^ | 2/19/15 | Josh Lederman - AP
    WASHINGTON (AP) — In the fight against violent extremism, President Barack Obama argues the U.S. has one thing going for it that Europe doesn't: a long tradition of warmly embracing its immigrants, including Muslims. With the Islamic State group spreading and terrorists gaining strength in the Mideast and Africa, Obama has sought to use this week's White House summit on violent extremism to urge the world to broaden its response far beyond military interventions. U.S. airstrikes have managed to blunt some of the militants' gains in Iraq and Syria, but they don't address the extreme ideologies that underpin deadly groups...
  • Agenda 21: Obama Commits To Helping India Build ‘Smart Cities’ (Video)

    01/28/2015 6:23:37 PM PST · by Whenifhow · 30 replies
    Noisy Room ^ | Jan 28 2015 | Renee Nal
    During his trip to India, President Obama declared America’s commitment to “help design smart cities” and “bullet trains” in the country. The main selling point for “smart cities” is that they are “sustainable,” a vague but applauded term that often used in context of combating what this author strongly believes is a non-existent problem: man-made climate change. During a speech at the Siri Fort Auditorium in India, Obama, who met with Prime Minister Narendra Modi on the tour, declared: We are ready to join you in building new infrastructure…roads and airports, the ports and bullet trains to propel India into...
  • Obama assures Modi on concerns over H-1B visa issue

    01/27/2015 3:56:57 AM PST · by a fool in paradise · 29 replies
    Times of India ^ | Jan 26, 2015, 08.14 PM IST | PTI
    NEW DELHI: President Barack Obama has assured Prime Minister Narendra Modi that he will look into India's concerns on the H-1B visa issue as part of his comprehensive immigration reform, US officials said on Monday. Obama told Prime Minister Modi that his administration would be in touch with the Indian government on issues related to H-1B visas, popular among Indian techies. "I think what the President indicated is this is the type of issue (H-1B) that we have approached through the context of comprehensive immigration reform and so, given his ongoing efforts to work with Congress in pursuit of comprehensive...