WASHINGTON—Four of the biggest meat-processing companies, using their market power in the highly consolidated U.S. market to drive up meat prices and underpay farmers, have tripled their own net profit margins since the pandemic started, White House economics advisers said. Financial statements of the meat-processing companies—which control 55 percent–85 percent of the market for beef,…
Meat Packers’ Profit Margins Jumped 300 Percent During Pandemic: White House Economics Team
December 11, 2021
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If Individual Rights Are a Problem, Censorship Is Worse
Commentary Writing in late November for CBC, Dr. Cory Neudorf, a Saskatchewan Medical Health Officer, told Canadians that a pandemic is no time to insist on individual rights. The pandemic, wrote Neudorf, requires that citizens “think beyond themselves to fight a common enemy.” He contended that: “Infectious diseases can only be managed through a collective public…
Fortitude and Hope: Recovering From the Great Pandemic
Born in 1925, my father was a child of the Great Depression. For a time, his family lived in a house in Pennsylvania with a dirt floor. His father, an eighth-grade graduate who left school to help support the family after his own father died and who eventually made his living as a carpenter, worked…
Aussies More Lonely This Festive Season Than Last: Survey
This time of year is usually when families and friends get together to celebrate but Australians are feeling more lonely coming into the festive season, new data from the Australian Red Cross has found. According to the annual survey of 1000 people, 33 percent of people feel lonely in the lead-up, and during, the festive…
MPs on Finance Committee Ready for Review of Liberals’ Latest Pandemic Aid Package
OTTAWA—Opposition MPs are getting ready to review the Liberals’ latest package of pandemic aid and grill Finance Minister Chrystia Freeland about myriad economic issues. The 12-member House of Commons finance committee is scheduled to meet Monday to move the aid bill closer to a final vote before MPs leave on their holiday break in two…
‘On My Deathbed, I’ll Be Defined by My Family’: Aussie Health Minister On Why He Quits Politics
Health Minister Greg Hunt has revealed he wanted to put his family first as he announced he would leave politics ahead of the next federal election after two decades in parliament. While Hunt would not recontest his Victorian seat of Flinders, he will continue to steer Australia through the COVID-19 pandemic as Health and Aged…
NTD Evening News Full Broadcast (Dec. 2)
A bomb squad and hostage negotiators get sent out to the United Nations building in New York City, President Joe Biden unveils his plan to combat the pandemic this winter, and Congress members on Capitol Hill are working to teach young people the truth about communism.
More Than $1B Needed to Clear Surgical Backlogs: Canadian Medical Association
November 30, 2021
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OTTAWA—The Canadian Medical Association says it will cost $1.3 billion to clear the backlogs for eight key procedures that were put on hold during the COVID-19 pandemic. The association commissioned consulting firm Deloitte to report on the effect of the pandemic on Canada’s health-care system. Deloitte found a backlog of 327,800 procedures across Canada. The…
The Changing Face of Criminal Prosecution During a Pandemic
The wheel of justice almost came to a grinding halt during the pandemic. Many state courts suspended in-person proceedings for months, piling up a massive backlog that insiders say will take years to clear. To tackle the heavy caseload, state prosecutors are using their discretion in different ways. Prosecutors decide whether a case shall be filed…
America’s 2 Economic Challenges
Commentary Two issues shadow economic prospects today. One is supply chain problems. The other is inflation. A recent report from the Labor Department sheds considerable light on both these matters. The report shows that supply chain interruptions have significantly slowed the pace of the economy’s recovery. Though this strain will likely abate in time and…
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