Originally published at: https://peakprosperity.com/daily-digest/water-woes-presidential-perils-and-labor-lapses/
In the realm of environmental concerns, the depletion of the world’s aquifers presents a growing challenge. A study published in Nature has shed light on the unsustainable extraction rates of groundwater, revealing that 71% of the 1,700 aquifer systems analyzed are experiencing declines. This trend is particularly alarming in arid regions reliant on agriculture, where groundwater levels are dropping by more than 0.1 meters annually. The study’s lead author, Scott Cho, points to a four-decade trend of worsening conditions, exacerbated by climate change and increased agricultural demands. The consequences of such depletion include reduced river flows, water supply contamination, and land subsidence. While some success has been seen in reversing these trends through policy changes and managed aquifer recharge, the recovery of aquifers proves to be a slow and challenging process.
In political news, independent presidential hopeful Robert Kennedy Jr. made headlines during a NewsNation broadcast, where he addressed concerns about his safety given his criticisms of powerful entities such as Big Pharma and government agencies. Kennedy emphasized the importance of sacrifice for the sake of preserving freedoms, highlighting the need to stand against attacks on constitutional rights despite potential risks. His remarks underscore the ongoing debate around freedom and governance in the United States.
Meanwhile, questions have arisen regarding the accuracy of labor market data reported by the Biden Labor Department. Discrepancies have been noted between the number of US payrolls and the actual number of employed workers, with a reported gap of 5 million. This discrepancy, alongside a shift towards part-time employment and an increase in foreign-born workers, suggests a weaker labor market than previously believed. The Philadelphia Fed’s findings that the Bureau of Labor Statistics overstated jobs by 1.1 million in December 2022 further complicates the picture, raising concerns about the reliability of labor market statistics and the effectiveness of current economic policies. This situation highlights the complexities of economic data interpretation and the need for transparency in governmental reporting.
Sources
The World’s Essential Aquifers Are in Deep Trouble
An alarming new paper published today in the journal Nature looked at available data on 1,700 aquifer systems worldwide and found that groundwater is dropping in 71% of them.
Source | Submitted by 0007
RFK Jr. Stands Up for Freedom and Sacrifice
“There’s a lot worse things than dying,” Kennedy replied. “And one of those things is living like a slave or having our children lose all the freedoms that so many generations of Americans died to give us and to protect.”
Source | Submitted by pinecarr
The Biden Labor Department’s Manipulation of Labor Market Data Exposed
In fact, no less than 800,000 payrolls are ‘missing’ when one uses the far more accurate Quarterly Census of Employment and Wages data rather than the BLS’ woefully inaccurate and politically mandated payrolls ‘data’, and if one looks back the the monthly gains across most of 2023, one gets not 230K jobs added on average every month but rather 130K.
Source | Submitted by PhilH