Economy

Another Good Jobs Report.

After another good jobs report, the spin doctors were out there talking about how bad the economy really is …. πŸ€”

The truth is any good economy is going to have it’s weaknesses and it’s problems. Poverty is always going to be a problem in certain parts of country — rural areas and those with more people of color. A good economy is helping to lift those boats, although there should be more targeted programs to help historically disadvantaged communities get the education and assistance they need to relocate to better jobs — if that’s what people want to do.

I don’t think it’s productive to dismiss the good economy because you don’t like the man in the White House, but we should also be realistic and recognize that not all gains are widely shared. We shouldn’t try to overheat an already roaring economy, but target those communities that need the most help now. We should also be contingent that a good economy won’t last forever and encourage people to prepare for the next downturn by savings and building more security into their lives.

NPR

‘Secondhand’ Author Adam Minter Tracks What Happens To Your Used Stuff : NPR

Author Adam Minter remembers two periods of grief after his mother died in 2015: the intense sadness of her death, followed by the challenge of sorting through what he calls "the material legacy of her life."

Over the course of a year, Minter and his sister worked through their mother's possessions until only her beloved china was left. Neither one of them wanted to take the china — but neither could bear to throw it out. Instead, they decided to donate it.

Waiting in the donation line at Goodwill, Minter began wondering what would happen to the dishes: "It occurred to me this is a very interesting subject," he says. "Nobody really knew what happened beyond the donation door at Goodwill."

Minter had spent nearly two decades reporting on the waste and recycling industries. Now he began looking into the market for secondhand goods, both domestically and in Africa and Asia.

"Your average thrift store in the United States only sells about one-third of the stuff that ends up on its shelves," he says. "The rest of the stuff ends up somewhere else."

I was listening to this podcast earlier. It is a very interesting listen.