Job growth has drastically fallen from around 300,000 per month early in the year to 110,000 for the past three months and 70,000 for May.
Could it be businesses are cutting back on jobs and investment, in retaliation for increasing the minimum wage to around $7 and other liberal policies?
The economy is strong. Third month of record trade surpluses. Financial companies doing great due to increased interest rates. Something seem wrong?
On the news today, most of the media are reporting on the low job rate and ever increasing gap between the rich and poor. They are implying that President Moon's administration is to blame.
The ones to blame are the conservative administrations of the imprisoned former presidents Lee and Park, along with the conservative party. Disrupting unions. Decreasing tax on the rich. Stopping regulation of unfair business practices, such as raising rent by 1000% after 5 years. Ending loopholes that the rich use to pay no taxes in transferring wealth to their offspring. Almost all of the major Korean companies passed on control to the founder's children without paying any inheritance taxes.
If the world stopped buying Korean products, it wouldn't hurt me. Might hurt the rich much more than the poor.
Today, I read an article that I am in complete agreement with.
Especially this part - “The misconception is that people are using that [medical marijuana] as an excuse to get high. The reality is our average patient is 55-years-old,” Spirtos said. “These people aren’t out drug seeking. These are real people with real problems that are looking for an alternative that may be more effective.”
I go to doctors in Korea about pain and they just say to live with it. Even doctors are afraid to prescribe painkillers, because of the narcotics laws in Korea.
I have had cancer surgery three times, so I am lucky to be alive. It helped me to have a positive attitude on life. Hey! I am still alive! Almost 20 years since the last surgery. Thought I was a goner for sure, so I traveled the world and all around the Korea for a few years. Didn't die, so I had to get a job.
But I still have pain unrelated to cancer, but very serious. That's the reason for my interest in the legalization of cannabis. In addition to relieving pain somewhat, it helps me feel better.
Yesterday was election day for mayors and district officials. I noticed a large percent of people had no idea about the candidates or their qualifications. They asked each other questions that revealed their lack of knowledge. I guess 20-30%, are voting purely by guesswork with complete disregard of the facts and issues. Most don't even know the names of the candidates and are just voting for the party they like, or according to what the media feeds them.
The media is still strongly conservative. To describe the landslide victory by the liberal Democratic party they used the word "장악". They say that the Democratic party "conquered" all the districts. Media usually uses "장악" with force, dictators, and such, Sounds very negative. If the conservatives won, they would have used the word "landslide victory". Some media did, but some didn't. They keep shading the truth with negativity. Guess that's why the younger generation doesn't watch or read the news. They seem to mostly depend on SNS and peers for information.
Democracy in Korea seems about par with the US in the fifties. Watch the following videos to see what I mean.
According to theory, atoms will decay into "nothing" (radiation). Takes billions of times longer than the age of the universe though. I thought stable atoms lasted forever.
If all mass is turned into radiation, and that radiation is traveling at the speed of light, then the radiation senses no time and space. Isn't that the condition of the big bang? Intense radiation with inflation. But in this case, there is no need for inflation. That is what Sir Roger Penrose postulated in the video embedded in the previous post.
