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WSJ Original article ›
LyrArc Article Gist
There is increasing migration to the south in the US because of young people moving to the south to be clsoe to their parents and for less costly housing, cheaper childcare because  grandparents do the child care. Texas has the largest domestic migration by age group 25-44 years of young people who want to be close to their parents who have moved to the southern states for weather and other reasons. The grandparents help raise he children at a time when cost of child care can be $1500 a month. Georgetown is a suburb of Austin, Texas, that has a  large community of older people, and is the fastest growing city in the country. When children in their thirties and forties move south to be close to their parents they have less costly housing, more space, than in northeastern states. It does not always work out because the joke is that grandparents need PTO for a vacation. Also moving from Detroit to a northeastern state makes no sense financially because of high housing costs. ...
The Wall Street Journal Original article ›
LyrArc Article Gist
Where does US president DJT get his "good genetics" for his health? It comes from his mother's side where for generations his grandparents and previous generations were fisherman on the shores of the northern British Isles islands. Specifically Tong, a village on the island of Lewis in Scotland. These were rugged coastlines where fisherman fought hard to make a living in the 19th century. His mother immigrated from Scotland to the US as a young girl seeking a better life. She later married a up and coming builder of homes in New York state.

The New York Times Original article ›
WSJ Original article ›
The Guardian Original article ›
LyrArc Article Gist
The effects of loss of caregivers, grandparents, on the mental health of American children, is shown in this report in The Guardian. A similar situation exists in other countries, and will have long term effects.

Original article ›
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The former UK Home Secretary for Tories under Sunak and Truss, Suella Braverman, joins the Reform UK party and appears at Reform UK event with Nigel Farage. She says the Conservatives saying they would have UK withdraw from ECHR (European Convention for Human Rights), which makes it difficult to conduct a rational commonsense policy on migrants because it was poorly designed or ECHR writers lost their way on common sense, is a lie. For example there is no ECHR type rules for migrants entering China or India or any major country in the world, one that says nations have to take in migrants from anywhere in the world, and provide benefits costing billions of dollars that cannot go into services for the local population. And where migrants can pose a risk for women hesitant to go out in their own neighborhoods- something chancellor Merz of Germany has spoken about recently after incidents in Germany. ECHR has somehow got it wrong.  Labour and Conservatives have pondered this but not acted quickly enough in becoming trapped in a cultural guilt for the colonial era, when ordinary Britons simply want to get on with their lives in their neighborhoods as they did before migrants, and as did their parents and grandparents in Britain. For most of British history colonial policy was decided by a small upper class and the India Office, colonies policy by the Colonial Office, and the lives of working people in Manchester's cotton mills went on with no connection with the Empire. A fact even India's Mohandas Gandhiji quickly recognized and grasped, and whose support Gandhi sought against the India Office of the Empire. ...
The Wall Street Journal Original article ›
LyrArc Article Gist
The Trump Accounts for children born 2025-2028 and the Dell $6.5 billion expansion to include earlier born children may be one of the single biggest actions to rebuild the bank accounts of the next generation. It looks at the shrivelled bank accounts of today's older generation with lack of enough savings for a medical crisis and says it has got to be different from now on. The median bank account of Americans over 65 and over is $13400 which means there is little for medical health emergencies and little for needs of older Americans. Median means half have less and half have more than $13400. This is astounding for the wealthiest nation at a time when the total wealth is the highest ever in history. This report by WSJ unfortunately does not mention this at all and dwells on how this is an opportunity for banks and investment companies to get in the door to get your business. DJT as US president with a mandate from lower income Americans has designed this so that it shows the value of careful investments of small seed money. With $1000 to begin with from the government, added amounts from parents and grandparents and invested in a mutual fund that tracks the S&P 500 it will grow with the economy for 18 years, doubling two to three times on the way. It would provide funds for education increasing enrollment in higher education, increase financial literacy by showing how money grows in broad S&P 500 type index funds such as Vanguard type funds. Much of the shriveling of bank accounts for the shocking figure of $13400 median for American 65+ year olds is a result of job losses, high health care costs, wage decline  with factories outshored, hits from 2009 financial crisis caused by bank irresponsible behaviour, drug epidemics and fentanyl allowed to pour into the country, covid pandemic and stock bubbles, decline in higher education enrollment, other. The US president DJT is seeing his mandate as one that reverses these adverse situations one by one to take America back to post war prosperity and rising incomes, rising bank acocunt savings and rising hopes and aspirations for the next generation. ...
NYTimes.com Original article ›
LyrArc Article Gist
As the Nation looks to take care of it's farmers, a look at two farms in Wisconsin dairy country. One is a milk farm Norm Lane in Chili Wisconsin which supplies 200,000 pounds of milk to a cheesemaker Nasonville Dairy in Marshfield, Wisconsin. Shown in this story in NYT are the Master Cheesemaker Ken Heimann who runs the Nasonville Dairy which produces Colby, Cheddar and other cheeses. Also shown are Josh Meissner whose grandparents started the mil dairy Norm Lane in 1946.  The economics of dairy farms are such that they depend on the government to set the price and with all the competition the margins on milk are quite thin. This is true for cheese also where there is the West Coast production of cheese that has larger output and greater mechanization than Wisconsin's cheesemakers. What keeps the dairy industry going these days is the production of whey protein a byproduct of the cheese making process. This has much higher margins with prices up from $3 a pound of whey protein to $10 a pound. On a typical day the Nasonville Dairy can turn out 150,000 pounds of cheese, and 150,000 pounds of liquid whey protein. ...
New York Times Original article ›
LyrArc Article Gist
Gao points to the huge gap between the opportunities available for urban students compared to that of the sixty million rural students, who are "left behind" by their parents and cared for by grandparents. The rural students have much fewer opportunities and fewer resources for learning.
WSJ Original article ›
LyrArc Article Gist
Over 4 million Italians are preparing to get back to work after 8 weeks in lockdown. Yet they face a major dilemma. How do you get back to work when schools and daycare centers are closed till the fall? They have to first figure out who will look after the children. Starting May 4, manufacturing and building businesses will reopen if following social distancing guidelines. Followed by shops, and public venues on May 18, and restaurants hairdressers on June 1. Other countries will be looking at how the reopening is tackled in Italy, and the problem of who takes care of children will also come up in the U.S. and other countries also. Grandparents were widely accepted as a solution for childcare in Italy. Yet this raises many questions about the safety of the grandparents and increases anxiety for the parents. The Italian government is providing financial aid to families for babysitting and more parental leave but this does not cover the costs. As they tackle this problem parents face additional stress and anxiety. ...
WSJ Original article ›
LyrArc Article Gist
The mandatory social distancing required to overcome the coronavirus epidemic is leading to more parents working from home. With about half the schools in the U.S. closed and entirely closed in other countries, kids are also at home. Traditional options of child care provided by grandparents, family friends are now not acceptable with the required social distancing. This report looks at how parents are coping by setting time aside when kids are asleep for work. Advice to parents offered here is to accept that the day will be broken by interruptions, to take a break at these times and relax rather than try to follow the organized routine of a workday when things were normal.

WSJ Original article ›
LyrArc Article Gist
Health authorites in Italy, France, Britain India and the U.S, have hesitated in reopening schools. Germany and Denmark have reopened schools with no increase in infections with schools following specific policy including mandatory masks, air circulation rules, and careful preparation of schools to ensure social distancing rules are respected. Other countries reopening schools are Austria, Norway, Finland, Australia, New Zealand.

Schools in German states are reopen for about 1 month now, with a positive experience after careful preparation. Italy faces difficulty reopening its economy as people going back to work find it difficult, particularly women,with childcare provided by grandparents no longer an option, and lack of daycare. Opening of schools in Italy would help in reopening the economy, as well as provide relief to parents and children, when done carefully.

DW.COM Original article ›
LyrArc Article Gist
Problems for women and for childcare in Germany after the Merkel administration's failure to invest in child care. This DW.com report looks at this problem. Mothers have to send their children to grandparents or pay for expensive private day cares and nannies if they are able to do this. If they are not able to do this the mother usually reduces her work hours or delays returning to her job entirely. A German Youth Institute DJI study is cited which shows that in 2020 49% of parents with children under age three said they require child care. Of these only 24% were able to secure a place at a child care center for the necessary hours. For children over age three 97% needed childcare and only 71% said the necessary hours were covered. This problem was bad before the pandemic, during the pandemic it has only become much worse for women. A similar problem is happening in the US, so that this problem has consequences for women in both the EU - in Germany, France, Italy- as well as the US. It places additional burdens on women with children in the workplace. ...
Wall Street Journal Original article ›
LyrArc Article Gist
The reduced availability of child care services, longer time it takes to get steady jobs in a slow growth economy, and the "safety trap" of becoming used to a freer lifestyle, areincreasing the average age at which Italian women have their first child. It has moved up from about 30 to 31.4 in 2012. As more women pursue higher education and get university degrees the trend is to focus on jobs and lifestyle. As grandparents get older and the lack of enough preschool centers this makes child care harder, in a nation where 68% of children under 10 are still cared for by grandparents. At present only half of Italian mothers work, according to the OECD, compared to 74% in France. This worsens the demographics with currently 150 people over 65 years for the 100 under 14 years, and the figures increasing with fewer young people to support retirees, according to Istat.
France 24 Original article ›
LyrArc Article Gist
President Macron announces plans to bring a draft law that aims to fight separatist cultural influences in France through the education system and through children being educated at home. These separatist influences stem from France's colonial past in Arab North Africa and influx of Arab immigrants as well as immigrants from Asian countries practicing Islam. Macron said there has been a hardening of positions in Islamic communities worldwide which has created a crisis in Islam making it important to emphasize France's tradition of secular values. Macron says Islam practiced in France must be freed from foreign influence as part of France's long tradition of laicite or state secularism values set by a law first enacted in 1905 separating church from state. In saying this Macron said he accepted the failings of French policy in letting ghettoization of communities of Muslim residents happen in France. And added that "where we stepped away other stepped in." In referring to the colonial legacy he said "we have not unpacked our past. We have grandparents who have passed their scars onto their children." ...
NYTimes.com Original article ›
LyrArc Article Gist
Seen as IRA's these accounts in DJT's One Big Beautiful Act with the government investing $1000 of its money for every newborn's savings account is a powerful way to create wealth for the next generation. It is designed to be invested in funds that grow with the S&P 500, will be available in 2026. Lets look at the power of accumulation in a fund that has $3000 invested in it $1000 by the government, $1000 by a grandparent and $1000 by a parent. Over 10, 20 and 30 years. If the child has $3000 invested in it till he is 18 years this would have $54000 of payments made into the fund.   The actual S&P return has averaged 12-13% over the last 10 years 2023-2024. Including dividends it has grown to 249%. Assuming it grows at 10 percent a year ,the power of compound interest is huge- it will grow to $47,000 in 10 years, 147,000 in 20 years, and 349,000 in 30 years. This is 3 times the average IRA of 127,000 in 2025. Fidelity Investments shows average IRA in 2025 as as $127,000, for 30 year olds 104,000. In a good set of years this account alone would triple the retirement savings of ordinary Americans.   ...
The Guardian Original article ›
LyrArc Article Gist
Bridget Phillipson and Keir Starmer are politicians who would like to get things done and take ideas from all sides in the effort to improve life for British parents and children. See the article alongside on the changes proposed by Phillipson and Starmer to bring better education to all schools, and keeping the best of the Academy system- just spreading the best to all parts of the country.  Zoe Wiliiams had this interview with Bridget Philipson in The Guardian, March 21, 2023, when she was UK Shadow Education Secretary with big plans to revive childcare and children's education in UK schools. Phillipson is now Education Secretary and is getting a bill passed in Parliament to improve some aspects of the British education system keeping the infrastructure and foundations that are delivering well. Phillipson grew up in a dilapidated northeast England neighborhood in Tyne and Wear. She describes this as a place with an air of decline with a railroad track and idled chemical plant in the area, high youth unemployment. He mother and her grandparents provided a caring home and signed her up for drama lessons on Saturdays. She attended Catholic school and went on to study at Oxford University in Modern Languages and Modern History, returning to work for Sunderland City Council for 2 years instead of going to London. She is seen as self-effacing but vigorous in putting forward ideas on better childcare and children's education for British children.   ...
New York Times Original article ›
LyrArc Article Gist
Op-ed contributor Reno writes about the cultural decline of the middle class and its lost sense of participation in the nation's politics. He describes the effects of social decline with use of drugs, children born outside of marraige, and children raised by grandparents. Political elites on the right and left see the white middle class as not being part of a multicultural and globalized future, which they hope to run, leading to its alienation and support for candidates such as Trump and Sanders, says Reno.
New York Times Original article ›
LyrArc Article Gist
Nicola Clark and Hubert Lebrun meet in a small town in Lorraine, France, where Clark's grandfather was a soldier in the invading German army and Lebrun's grandparents were residents of the small town of Mercy-le-Haut. This brings back stories of the execution of 17 year old Leon Mandy by the Germans, and the "monuments aux morts" in the town, one of 40,000 such memorials in France to war victims. An opportunity for both Germans and Frenchmen to reflect on the memories of that war.
The New York Times Original article ›
LyrArc Article Gist
An ad for a state sponsored campaign to promote women having babies on "Fertility Day," September 22, in Italy, shows a man holding a cigarette that is half burned, with the line: "Don't let your sperm go up in smoke."  The ads were deemed offensive and were withdrawn. Women say the problem is not that women don't want to have babies. It is because women depend on grandparents to provide childcare in a country that lacks enough child care facilities. Companies are still backward when it comes to offering flexible hours for women with small children. Birthrate in Italy is about 1.37 per woman compared to France at about 2.0, because France does better at flexible hours, and social safety net that includes day care and subsidies for families with children. In fact women say in cities it is prudent for women to think about having a second child because of work related issues. Italy spends less on social protection benefits- about 1% of GDP. Has a low female employment rate with some young women having to sign a pre-sign a resignation letter. Only recently did premier Renzi introduce a baby bonus of 80 to 160 euros. But the culture at work and the social support net is not encouraging. ...
WSJ Original article ›
LyrArc Article Gist
Who is Caludia Sheinbaum, expected to be new president of Mexico? What would a Sheinbaum administration in Mexico look like? What would interaction with the US look like on immigration, the border and the economy? WSJ's Jose Cordoba, Santiago Perez and Steve Fisher try to answer these questions in this detailed report from Mexico City. Sheinbaum was mayor of Mexico City and was environmental chief during Lopez Obrador's term as Mayor of Mexico City. Obrador has remained popular throughout his 6 years as Mexican president with favorable ratings consistently of over 60%. Mexico limits a president to one six year term. Obrador's party Morena derives from Mexico's indigenous culture and reflects Mexico's history in the 20th century of passion for protecting its national assets including the oil industry from foreign domination or influence, and ardently seeks respect for dignity of Mexicans and Mexican culture. Under Obrador Mexico reached a level of living with organized crime gangs after decades of war against these gangs. The US needs support from Mexico for its border policies and control of border. Obrador was a son of a provincial shopkeeper and spent little time outside Mexico.  Sheinbaum sees him as her mentor after work supporting migrant welfare in California with Carlos Imaz, during a period when she finished doctoral work at UC Berkeley and Stanford. Her father was a chemical engineer and her mother a biology professor. Her grandparents were of East European Lithuanian and Bulgarian origin. Sheinbaum says she follows Obrador's principles, yet it will be Claudia that will run the government. Her policies include setting up 100 industrial parks for Mexico's development, and setting up professional police services to control crime throughout Mexico's different states. ...
The Times Original article ›
LyrArc Article Gist
This Times report looks at the management style of Jeff Bezos who started Amazon as a online store selling books and the extraordinary growth of the company. Bezos is stepping down from the day to day role of CEO to focus on new growth opportunities. His role as CEO will be taken by the head of the cloud computing business, Andy Jassy. He joined in 1997. Amazon was started in 1994.  Amazon's growth comes from carefully focussing on specific growth fields, first retail, then cloud computing, and changing the way business is run with innovative ways of conducting business. One click and Prime in retail, Kindle e reader in books, and massive investments in logistics, warehousing, cloud computing to run its business efficiently. During the pandemic criticism of low wages for warehouse workers was met with an increase in wages to $15 an hour.  Management style discourages meetings. Most meetings are held in the morning, and after 10 am. The person presenting is asked to hand out a six page memo which is read in silence before the meeting. The idea is that writing it out helps make the ideas clear. Decisions are made in this way. Employees are asked to think in innovative ways to run the business. Thrift is practiced as part of the Bezos way. Bezos is relatively young, only 57 years. Bezos was born in Albuquerque, New Mexico in 1964 when his mother was in high school. His mother married a Cuban immigrant, Miguel Bezos 4 years later and the boy took the name Bezos. He spent much time at his grandparents ranch in South Texas working on the farm, and went to school at Princeton University, graduating in 1987. In 1993 he married Mackenzie Tuttle, a novelist, then started an online bookstore called Amazon from Seattle. Before this he worked at a telecom company and at a hedge fund, which helped him finance his new online bookstore. Bezos turned Amazon into a retail store selling a wide variety of merchandise, an built up a strong warehousing and delivery network. ...
Wall Street Journal Original article ›
Washington Post Original article ›
LyrArc Article Gist
People are looking at their neighbors and in their neighborhood, and at their friends. If someone loses a job, it influences how they respond. They read things in the print media, and see people leading frugal lifestyles and tips on how to save, how to grow your ownvegetables and save here and save there for children's tutions and for arainy day. In this way even those who have secure jobs and good incomes are changing their lifestyle and how they look at things. They are also not likey to believe anything anybody says about things getting better, until they see things are different in their neighborhoods. It also makes sense to be frugal, especially after the overspending and bad habits of previous years. There may be a yearning to go back to frugal and responsible ways of their parents and their grandparents, the memories and the stories they heard from childhood may still be alive and a return to these ways seen as desirable behaviours. In this way frugal and thrift can become a lifestyle of many people in this country....
Wall Street Journal Original article ›
LyrArc Article Gist
Research from Australian National University shows steadily improving conditions for migrant workers in China. Migrant workers were able to spend more time in cities- an average of 8.9 years. The hukou sysem ensures migrants return to rural areas when they have to raise a family. About 252 million migrant workers work in factories and construction jobs in urban areas. Migrants with children leave them with grandparents back home. Improving the conditions of these workers is important to reduce the wage and income disparities in China and to reduce inequality. About a fifth of the migrant population now has pension and health benefits. Creating a balanced economy with domestic consumer spending making a larger share of GDP also requires improving wages and benefits of migrant workers. Incoming prime minister Li Keqiang says in a statement on a government website: China "must take migrant rural workers and gradually change them into urban residents. This requires that we push forward household registration reform." If done seriously this will create a new kind of China as these migrant workers are integrated into urban society after years of being shunned and ignored by China's educated middle class. Professor Meng's research at Australian National University of migrant workers shows the proportion of migrant workers with unemployment insurance increased from 11% in 2008 to 21% in 2012. The research shows similiar figures for health and pensions. Improving their living standards also make it attractive for more young people from rural areas to migrate to cities increasing urbanization....

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