. . . To Counter Higher Labor Costs.
In yet another awkwardly rational response to government intervention in deciding what’s “fair”, the blowback from minimum wage demanding fast food workers has struck again. Wendy’s plans to install self-ordering kiosks in 1,000 of its stores – 16% of its locations nationwide.
Another law of economics asserts itself. Sorry, folks.
Oak Park friend Jerry sent me this.
Had not seen it, Jerry. Thanks. Comes from treating all students as privileged by age, plus purely pragmatic response pattern by administrators, who if they had convictions, would not be acting on their strength. Another ripple from the campus cesspool.
Occurs to me there’s another angle: a) the radicalization of college students, in this case blacks and b) the non-assimilation of radicalized and many other American blacks, who are simply not comfortable with whites.
My congratulations to black teachers and other leaders who try to counter this. Shelby Steele comes to mind, but there are others, of course.
Cardinal Burke a thorn in Francis’ side. Francis moved him from important Vatican job to being cardinal-“patron” of the Knights of Malta, where he made more trouble, reportedly in regards to distribution of condoms as part of one or more of the Knights’ aid programs around the world. (Burke’s against condoms.)
Now Francis has “de facto” bounced him from that job, replacing him with someone else from the ranks of higher clergy. Francis had already sought and got the resignation of Burke’s man as Knights’ top executive.
Francis’ Year of Mercy past, he expends no mercy on Burke, who clearly annoys him no end — including publicly questioning the orthodoxy of a key part of Francis’ latest pastoral letter about married life, the part about receiving of Communion by the divorced and remarried.
Meanwhile, his appointee to do something about Vatican finances, an Australian cardinal, has not only been accused at home of mishandling clergy abuse, but has also lost the services of an outside auditing firm at the Vatican, in which case Francis joins the short line of popes losing to curia veterans, his predecessor Emeritus Pope Benedict being just ahead of him in that unhappy line.
It’s been a long time since we saw the like of all this.
Yes, Virginia, there’s a new day a-dawning.
Hope And Change: You’d never guess this from the end-of-the-world treatment President Trump gets in the mainstream press, but his election has unleashed a wave of optimism about the economy we haven’t seen in more than a decade. This is huge news that has big implications about economic growth.
The latest business leaders’ survey from JPMorgan Chase finds a dramatic increase in optimism among the 1,400 middle-market executives polled. It found that 80% of these executives are optimistic about the economy, which is nearly double the share expressing optimism just one year ago. And it’s the highest level since this survey began seven years ago.
These executives, the survey found, “expect improved performance in the global, national and local economies, as well as their own businesses.”
It’s the economy, friends. Yayyyyyy.