#24-Hour Economy

[townflex]

Asamoah Gyan Slams Mahama’s 24-Hour Economy Policy: “It’s a Lie”

Asamoah Gyan, former captain of the Ghana Black Stars, has strongly criticized John Dramani Mahama’s proposed 24-hour economy policy, claiming it is nothing but political rhetoric. In a live TikTok broadcast, Gyan dismissed the idea, stating that a 24-hour economy has already been in practice in Ghana for many years, pointing out sectors like healthcare, filling stations, and various other…

[ghkasa]

Mahama's 24-Hour Economy Vision Unveiled: NDC clarifies FAQs in Dynamic Q&A Session

In a recent question-and-answer session, ex-President John Dramani Mahama and the NDC presented a detailed plan for a 24-hour economy, sparking significant interest and discussions among both citizens and policymakers. This ambitious policy proposal seeks to overhaul the conventional nine-to-five work model, creating a more dynamic and globally competitive atmosphere. With the conversation about…

[sandrabullockthehedgehog]

being stuck in an airport really gets you acting wild. im sitting here thinking 'yea $60 for a new pair of underwear is reasonable and pillows should cost $40. also $10 for two ibuprofen is soooo normal. anyway im gonna go sleep on a bench now'

[warmestshrine]

Using the healthdirect symptom checker like a personality quiz and promptly ignoring it's advice.

[hauntedtrait]

so unfair that making money in real life doesnt work like in video games if this was the sims i’d be fucking rich but instead i’m just poor and unemployed 😭

[falseandrealultravival]

Energy flow (Ryuichi Sakamoto) "Sakamoto Music"

Regain (Sankyo Pharmaceutical) symbolizes a healthy Japan. "Can you fight for 24 hours?" It is ironic that Ryuichi Sakamoto expresses a portrait of Japan, which has lost its vitality for more than 10 years after the collapse of the backbone of the bubble economy, in the Regain commercial. He was sensitive to the atmosphere of his time.

Energy flow　（坂���龍一）　「坂本ミュージック」

元気だった日本を象徴していたリゲイン（三共製薬）。「２４時間戦えますか？」とサラリーマンを鼓舞していたが、そのバックボーンのバブル景気が崩壊し、１０数年たち、元気をなくした日本の肖像を、またリゲインのCMで坂本龍一が表現するという皮肉。彼は時代の空気を敏感に感じ取っていたのだな。

[boyapologist]

oh my god I have to get ready for work in 5 hours what am I doing

[soylimon]

HOW TF ARE YALL GETTING EVIL BOOPS??????

[probablyasocialecologist]

The economic indicators speak of nothing less than an economic catastrophe. Over 46,000 businesses have gone bankrupt, tourism has stopped, Israel’s credit rating was lowered, Israeli bonds are sold at the prices of almost “junk bonds” levels, and the foreign investments that have already dropped by 60% in the first quarter of 2023 (as a result of the policies of Israel’s far-right government before October 7) show no prospects of recovery. The majority of the money invested in Israeli investment funds was diverted to investments abroad because Israelis do not want their own pension funds and insurance funds or their own savings to be tied to the fate of the State of Israel. This has caused a surprising stability in the Israeli stock market because funds invested in foreign stocks and bonds generated profit in foreign currency, which was multiplied by the rise in the exchange rate between foreign currencies and the Israeli Shekel. But then Intel scuttled a $25 billion investment plan in Israel, the biggest BDS victory ever.  These are all financial indicators. But the crisis strikes deeper at the means of production of the Israeli economy. Israel’s power grid, which has largely switched to natural gas, still depends on coal to supply demand. The biggest supplier of coal to Israel is Colombia, which announced that it would suspend coal shipments to Israel as long as the genocide was ongoing. After Colombia, the next two biggest suppliers are South Africa and Russia. Without reliable and continuous electricity, Israel will no longer be able to pretend to be a developed economy. Server farms do not work without 24-hour power, and no one knows how many blackouts the Israeli high-tech sector could potentially survive. International tech companies have already started closing their branches in Israel. Israel’s reputation as a “startup nation” depends on its tech sector, which in turn depends on highly educated employees. Israeli academics report that joint research with universities abroad has declined sharply thanks to the efforts of student encampments. Israeli newspapers are full of articles about the exodus of educated Israelis. Prof. Dan Ben David, a famous economist, argued that the Israeli economy is held together by 300,000 people (the senior staff in universities, tech companies, and hospitals). Once a significant portion of these people leaves, he says, “We won’t become a third world country, we just won’t be anymore.” 

19 July 2024

[gingerswagfreckles]

Things Donald Trump claimed tonight during the debate:

-The Liberals are executing babies after they're born (he said this about 15 times)

-Illegal immigrants are taking over entire buildings in NYC and killing the residents (in response to the question "is the economy better off than it was four years ago")

-Nancy Pelosi is the mayor of Washington (she is not the mayor of anywhere)

-Illegal immigrants are eating your pets and they will kidnap your cat and eat your cat if you vote for Kamala Harris

-Hungarian dictator Victor Orban is his good friend who claims that everyone "fears" Trump and this is a good thing

-He would end the war in Ukraine by getting Zelensky and Putin together and talking to them because they both respect him. And it would be over in 24 hours

-Kamala Harris has been "against defunding the police forever" and that's...bad? To Republicans? Suddenly?

-Illegal immigrants are flooding in to the country from "insane asylums," possibly confusing this with political asylum??

-Kamala Harris "puts out" (???)

-Biden has taken millions of dollars in bribes from Russia and China for reasons that he could not elaborate on

-Kamala Harris cooperated with the Taliban and gave them a bunch of money and "parts of our army"

-Kamala Harris is a Marxist

You heard it here first, folks! Don't let those nasty Liberals in the spin room confuse you!

[reasonsforhope]

Federal regulators on Tuesday [April 23, 2024] enacted a nationwide ban on new noncompete agreements, which keep millions of Americans — from minimum-wage earners to CEOs — from switching jobs within their industries.

The Federal Trade Commission on Tuesday afternoon voted 3-to-2 to approve the new rule, which will ban noncompetes for all workers when the regulations take effect in 120 days [So, the ban starts in early September, 2024!]. For senior executives, existing noncompetes can remain in force. For all other employees, existing noncompetes are not enforceable.

[That's right: if you're currently under a noncompete agreement, it's completely invalid as of September 2024! You're free!!]

The antitrust and consumer protection agency heard from thousands of people who said they had been harmed by noncompetes, illustrating how the agreements are "robbing people of their economic liberty," FTC Chair Lina Khan said. 

The FTC commissioners voted along party lines, with its two Republicans arguing the agency lacked the jurisdiction to enact the rule and that such moves should be made in Congress...

Why it matters

The new rule could impact tens of millions of workers, said Heidi Shierholz, a labor economist and president of the Economic Policy Institute, a left-leaning think tank. 

"For nonunion workers, the only leverage they have is their ability to quit their job," Shierholz told CBS MoneyWatch. "Noncompetes don't just stop you from taking a job — they stop you from starting your own business."

Since proposing the new rule, the FTC has received more than 26,000 public comments on the regulations. The final rule adopted "would generally prevent most employers from using noncompete clauses," the FTC said in a statement.

The agency's action comes more than two years after President Biden directed the agency to "curtail the unfair use" of noncompetes, under which employees effectively sign away future work opportunities in their industry as a condition of keeping their current job. The president's executive order urged the FTC to target such labor restrictions and others that improperly constrain employees from seeking work.

"The freedom to change jobs is core to economic liberty and to a competitive, thriving economy," Khan said in a statement making the case for axing noncompetes. "Noncompetes block workers from freely switching jobs, depriving them of higher wages and better working conditions, and depriving businesses of a talent pool that they need to build and expand."

Real-life consequences

In laying out its rationale for banishing noncompetes from the labor landscape, the FTC offered real-life examples of how the agreements can hurt workers.

In one case, a single father earned about $11 an hour as a security guard for a Florida firm, but resigned a few weeks after taking the job when his child care fell through. Months later, he took a job as a security guard at a bank, making nearly $15 an hour. But the bank terminated his employment after receiving a letter from the man's prior employer stating he had signed a two-year noncompete.

In another example, a factory manager at a textile company saw his paycheck dry up after the 2008 financial crisis. A rival textile company offered him a better job and a big raise, but his noncompete blocked him from taking it, according to the FTC. A subsequent legal battle took three years, wiping out his savings. 

-via CBS Moneywatch, April 24, 2024

--

Note:

A lot of people think that noncompete agreements are only a white-collar issue, but they absolutely affect blue-collar workers too, as you can see from the security guard anecdote.

In fact, one in six food and service workers are bound by noncompete agreements. That's right - one in six food workers can't leave Burger King to work for Wendy's [hypothetical example], in the name of "trade secrets." (x, x, x)

Noncompete agreements also restrict workers in industries from tech and video games to neighborhood yoga studios. "The White House estimates that tens of millions of workers are subject to noncompete agreements, even in states like California where they're banned." (x, x, x)

The FTC estimates that the ban will lead to "the creation of 8,500 new businesses annually, an average annual pay increase of $524 for workers, lower health care costs, and as many as 29,000 more patents each year for the next decade." (x)

Clearer explanation of noncompete agreements below the cut.

Noncompete agreements can restrict workers from leaving for a better job or starting their own business.

Noncompetes often effectively coerce workers into staying in jobs they want to leave, and even force them to leave a profession or relocate.

Noncompetes can prevent workers from accepting higher-paying jobs, and even curtail the pay of workers not subject to them directly.

Of the more than 26,000 comments received by the FTC, more than 25,000 supported banning noncompetes. 

[gnarlykickflip]

hmm maybe i should start like. buying burgers the night before so i can have them in my car for amazon routes. i am the guy who wants a krabby patty at 3 in the morning. sorry

[gotinterest]

While you are here, please consider donating to the Alhaw Family (verified fundraiser- #12 on el-shab-hussein's list)

The fundraiser gained a total of €45 in donations within the past 24 hours. This family of nine people are relying on these donations to survive in an economy where dwindling resources are being sold for astronomical prices. Even a €5 donation can add up.

[sayruq]

After the US and the UK bombed Yemen killing dozens of civilians, the Ansar Allah government (aka the Houthis) said they targeted and struck the USS Eisenhower

On the 1st of June, they targeted USS Eisenhower a second time in less than 24 hours

The US denied any damage to the ship but there are some clues that the Ansar Allah group did manage to damage the aircraft carrier

If you're new to the Red Sea blockade (which is really the Arabian Sea, Indian Ocean, and Mediterranean Sea blockade as well) and you're wondering what the point of all of this. Well, Yemen is strangling the Israeli economy, it's effectively laying siege until the blockade of Gaza is lifted (Gaza is currently facing a catastrophic famine) and it has had enormous impact.

[pigeon-smidge]

Strike on June 16-22nd for Palestine ‼️‼️

Post originally written by evilbagellisence on YouTube.

organized by @nadinewarnerr on twitter- poster by @blythtism on twitter

Two days ago, there was a nonstop bombing in Gaza. Over 5 massacres were committed by the Israeli occupation in 24 hours the other day.

These are people, like you and I, being harmed and killed because they exist. This is why we strike, no matter how little our contributions feel by themselves.

Striking together in solidarity makes a statement. During the strike period, refrain from contributing to the economy and buying from companies on the boycott list. Uplift Palestinian voices, do not speak for them if they’ve said otherwise on a matter.

If you can, put up posters! Ones with QR codes to gofundmes or other helpful resources are always nice to see.

Links to help: https://gazaesims.com <Donate Gaza Esims https://linktr.ee/opolivebranch <Operation Olive Branch, includes a spreadsheet of Palestinian’s gofundmes decolonizepalestine.com <Educate yourself on Palestine Arab.org <Daily clicks to generate revenue for Palestine https://piousprojects.org/campaign/2712 <Provide hygiene kits for women and girls in Gaza https://x.com/nadinewarnerr/status/17...