It is painfully obvious to me that the majority of Americans are claiming benefits at both early and full retirement ages because they need the money and can’t afford to wait until age 70. Only healthy elders on financially sound footings will be deferring social security payments until their later years.
“It does prevent that thing where people start to get drunk and the music is loud and they start screaming into each other’s face, which is the way that the COVID-19 is most spread. … Not screaming bad, but that’s just how conversations are when you’re at big gatherings,” Wayne Coyne said. “You can be in a Space Bubble with your friends that came to the show with you who you’ve been with your whole time and you know aren’t sick.”
In 2014, I finished an MA thesis at the University of Chicago. In that thesis, I argued that as economic inequality increased, American politics would return to the sharp political divisions of the 1930s, with both left-wing and right-wing radical movements popping up all over the place. Recently, I finished a PhD thesis at the […]
The pandemic and the parallel economic crisis have fueled new concern about access to mental health care. An estimated 40% of American adults are have a condition involving mental illness or substance abuse. In June, federal health officials reported nearly 11% percent of adults surveyed seriously considered suicide during the past 30 days.
Through 2019, the way movie theaters tried to deal with this structural decline in moviegoers was by raising ticket prices, offering big comfortable chairs to justify those ticket prices, installing bars with overpriced beer and food, and cranking up prices for popcorn and sodas. Fewer people paying a lot more money was the trick to maintain revenue growth.
And because going to the movies got so expensive and because much cheaper options have increasingly been available on the big screen at home, the number of tickets sold continued to drop. Go figure.
Several churches joined forces to distribute food on Friday as part of the “Simultaneous Free Food Giveaway.
“The Rev. Derrick Scobey, senior pastor of Ebenezer Baptist Church, helped coordinate the event, partnering with World Vision and Joey Abbo, chief executive officer of the Needs Foundation. The humanitarian aid organization and the foundation supplied the food that was distributed on Friday.
“Everybody has a plan until they get punched in the mouth.”
The drop in the volume of employment in a given sector always has a ripple effect in the national economy. The loss of so many high-paying jobs in a short time will be a dent in the coffers of Los Angeles County and for New York state in the short term. Michele Evermore, senior policy analyst for the Washington, D.C.-based National Employment Law Project, says it hits at a time when other industries are undergoing similar sweeping realignments with huge human toll.
“Nobody’s got a plan for how to transition these massive sectors of the workforce into a different thing,” Evermore says.
There were 2,532 homes listed for sale in San Francisco at the end of October, up 77% from the same week a year ago, according to data from Redfin. About two-thirds were condos. According to data from Compass, inventory of condos for sale was up 85% year-over-year. Inventory of single-family houses was up 25%:
In 2019 throughout the entire year, 27 residential properties sold for a price over $10 million. So far this year, a record 48 properties have sold for prices over $10 million, of which 39 have sold since April. This is twice the volume of 2019 and we still have almost four months remaining in the year.At the beginning of 2019, the median price per square foot of a residential property in Aspen was about $1,350. At the end of August, that median square-foot price had risen roughly 15% to about $1,550. In the Snowmass market at the beginning of 2019, the median price per square foot for a residential property was about $680. At the end of August, that median price had risen to about $760, a roughly 12% increase.