Last week, the Bureau of Labor Statistics (BLS) issued the employment figures for September 2025. Their publication had been postponed due to the government shutdown.
At first glance, the headline data appeared moderately promising, revealing a growth of 119,000 in nonfarm payrolls. However, the unemployment rate still climbed to 4.4 percent.
Delving deeper into the details, a concerning statistic emerged that challenges the long-held belief in the value of a college education as a pathway to secure employment and a comfortable middle-class lifestyle. Alarmingly, a record 25 percent of all unemployed Americans are now individuals with four-year college degrees.
Conversely, this indicates that 75 percent of the unemployed lack a college degree. Nevertheless, for those who have committed four years and substantial financial resources towards obtaining a degree, one would hope that the figures would reflect that all unemployed individuals are without higher education credentials.
In essence, one in four job seekers have followed what they believed was the right path. They dedicated four years and likely incurred significant debts pursuing their education, thinking it would be their ticket to success. This notion has traditionally held true for previous generations, but it is no longer a reliable expectation. Continue reading
“People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER. We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. Record Investment in the USA, plants and factories going up all over the place. A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”
– President Donald J. Trump, November 9, 2025, TruthSocial
Free Money!
Politics often involves making extravagant promises that leaders struggle to fulfill after being elected. Among the more enticing tactics is the distribution of free money through various means. Typically, this takes the form of social welfare programs or tax incentives aimed at funneling funds into preferred sectors like defense or energy.
On occasion, in times of crisis, politicians opt to send checks directly to citizens who have not earned them. Such measures go beyond basic welfare and Social Security benefits. Notable examples include the rebate checks issued during George W. Bush’s presidency and the stimulus checks distributed during the coronavirus pandemic. Continue reading
The stock market has continued to navigate precariously this week, as it walks a tightrope without looking down.
Congress has temporarily reopened the government — until January 30 — allowing lawmakers a break for the holidays before returning to Washington, where they will engage in their usual façade of doing meaningful work post-New Year.
For prudent investors facing inflated valuations and significant uncertainty, finding anything of substance to grasp is challenging. In light of these circumstances, what strategies can a clever investor employ to find security?
To explore this, let’s turn to one of the 20th century’s leading intellects, John von Neumann—a polymath renowned not just for his contributions to quantum mechanics and digital computing, but also for his pivotal role in developing the first American atomic and hydrogen bombs.
Born in Budapest in 1903, von Neumann studied at a prominent scientific institution in Berlin that, ironically, deemed Einstein unqualified for research grants. He is regarded as the “founder of game theory,” and had an extraordinary ability to perform complex calculations mentally. Continue reading
One of life’s peculiarities is the widespread resistance to the concept of freedom. When presented with the choice of liberty versus dependence, many opt for the latter.
People often call for more governmental programs, increased state intervention in economic matters, and further regulation of their daily lives.
Like livestock content in their pens, they find solace in such arrangements. A recent example is the election of Zohran Mamdani, a passionate socialist, as Mayor of New York, highlighting this trend.
However, there are rare instances when the accumulating failures of excessive government intervention lead people to realize that more government is not the antidote, but the true source of their problems.
Argentina is currently experiencing one of these rare moments. After nearly a century of governmental overreach, the public is finally awakening from its collectivist slumber, as evidenced by the results of the recent midterm elections.
In today’s guest piece, Joel Bowman, reporting from Buenos Aires, sheds light on the developments surrounding President Javier Milei’s libertarian experiment. After reading, be sure to visit his website and subscribe to his newsletter for ongoing updates. Continue reading
