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Maya Ish Shalom

Good evening.

Team Trump in trouble

Trump's tax returns will become public if the Supreme Court follows precedent. The high court must decide whether to grant the president's new petition for review. If it does, that won't necessarily bode well for Trump.

If the Supreme Court follows precedent, Trump’s tax returns will become public

It’s a weird one... on the one hand, the long history of state vs federal reach and powers is a struggle that shaped the constitution by the framers. And on the other hand US presidents have also traditionally voluntarily disclosed their tax returns...

Sitting president aside, this is one to watch

It’s a weird one... on the one hand, the long history of state vs federal reach and powers is a struggle that shaped the constitution by the framers. And on the other hand US presidents have also traditionally voluntarily disclosed their tax returns...

Sitting president aside, this is one to watch: it’s far reaching in the implications towards the ever expanding executive powers...

Yesterday Trump filed a petition to the US Supreme Court seeking to block a subpoena that will force his accountants to turn over his financials. The prior cases on related matters didn't turn out well for presidents Richard Nixon or Bill Clinton. But Trump is making much of the distinctions here and

Yesterday Trump filed a petition to the US Supreme Court seeking to block a subpoena that will force his accountants to turn over his financials. The prior cases on related matters didn't turn out well for presidents Richard Nixon or Bill Clinton. But Trump is making much of the distinctions here and hoping the justices will agree that this case, arising from a state grand jury investigation, is unconstitutional.

The mind of the millennial

Psychologically speaking

What the health?

Inside Apple

Judicial affairs

Building a sustainable future

Flooding is difficult to predict and prepare for. A hydrologist in the UK wants the government to be more aware of the risks of building homes and businesses in floodplains—or at least improve design standards. There have been devastating floods in the north of England this week.

Why flooding is so difficult to predict and prepare for

Flooding is a tragic reality for many parts of the UK today – and flooding will also become more common and more extreme with climate change. The Met Office believes that intense rainfall associated with flash flooding could become almost 5 x more frequent by the end of the century.

In the UK, greater

Flooding is a tragic reality for many parts of the UK today – and flooding will also become more common and more extreme with climate change. The Met Office believes that intense rainfall associated with flash flooding could become almost 5 x more frequent by the end of the century.

In the UK, greater investment needs to be made in developing more innovative water management systems and new, more radical, forms of flood defence. There are some fascinating infrastructure innovations in this area, particularly from Asia, which is home to some of the world’s wettest countries.

In Tokyo, a massive “underground cathedral” is part of the Metropolitan Area Outer Underground Discharge Channel – a system of dams, levees and tunnels defending Tokyo. In extreme flood cases, the system takes in water from the 5 rivers crossing Tokyo, holds it temporarily, and then discharges it into the largest river when it’s safe to do so. The pumps in this system can push 200 tons of water per second (which equates to emptying a 25m swimming pool in 2-3 seconds)

Another example is the work led by Professor Kongjian Yu, developing the concept of “sponge cities” – a city designed (or retrofitted) to passively absorb, clean and use flood water. There are now hundreds of sites around the globe that use sponge city concepts, including permeable pavements, wetlands, and rain gardens all with the aim of absorbing excessive rainfall through soil infiltration and/or retaining it in underground tunnels and storage tanks until flooding recedes or it can be safely channelled.

It will be interesting to see whether the UK looks to greenlighting more ambitious approaches to flood management over time. Projects of this scale will of course come with a significant price tag.

No business like showbusiness

Food under threat

That's it, time for bed.

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‘Playing Catch-Up in the Game of Life.’ Millennials Approach Middle Age in Crisis

‘Playing Catch-Up in the Game of Life.’ Millennials Approach Middle Age in Crisis

Read more on The Wall Street Journal

From Our Members

  • At Deloitte, we consider the millennial generation a “Generation Disrupted” because of the significant amount of economic, political, and technological disruption they have grown up in. Our 2019 Millennial Survey found that millennials around the world define success differently than previous generations

    At Deloitte, we consider the millennial generation a “Generation Disrupted” because of the significant amount of economic, political, and technological disruption they have grown up in. Our 2019 Millennial Survey found that millennials around the world define success differently than previous generations. For example, they’d rather travel and see the world versus buying a home, and help their communities versus having children. These choices have profound implications on businesses and governments alike as they are forced to readjust their products, services and safety nets to reflect these changing ambitions.

  • This is worryingly true. All of the big adult babies realising they aren’t where they want to be in their lives will make for a strange few years. Expect the sale of affordable convertibles and breast implants to increase...

  • Well this is bleak. Also, when did we become “almost middle aged”?

    Regardless, the data supports the fact that the millennial generation may be powerful in numbers and in cultural values, but not so much in terms of financial independence. The need for new types of work, financial services, and community

    Well this is bleak. Also, when did we become “almost middle aged”?

    Regardless, the data supports the fact that the millennial generation may be powerful in numbers and in cultural values, but not so much in terms of financial independence. The need for new types of work, financial services, and community support is only going to get more acute in the coming years.

  • The cost of a college education in the US-->Joseph Cochran, a real-estate manager, proposed to Tasha Brown in 2012. She said yes. Then Ms. Brown, a consumer finance attorney, realized that combining their salaries as a married couple could drive up their income-based student-loan payments.

    They ditched

    The cost of a college education in the US-->Joseph Cochran, a real-estate manager, proposed to Tasha Brown in 2012. She said yes. Then Ms. Brown, a consumer finance attorney, realized that combining their salaries as a married couple could drive up their income-based student-loan payments.

    They ditched their wedding plans but forged a life together. Each wear wedding rings.

  • To me this isn't about millennials, as much as it is about parents. Raising children to expect challenges and to conquer them, or raising children to believe they are special and immune from these 'hardships'. Mid-life crisis is not a millennial first, it's a generational regret that has happened before

    To me this isn't about millennials, as much as it is about parents. Raising children to expect challenges and to conquer them, or raising children to believe they are special and immune from these 'hardships'. Mid-life crisis is not a millennial first, it's a generational regret that has happened before. Perhaps this generation in question raised a higher percentage than previous ones, but this is not new.

  • Ah, the generational labeling again. This has nothing to do with work ethic. It's macroeconomic math.

    All you really need to do is have a look at the proportion between average salaries, real estate prices, student loans, health insurance and percentage disposable income. Compare them intergenerationally

    Ah, the generational labeling again. This has nothing to do with work ethic. It's macroeconomic math.

    All you really need to do is have a look at the proportion between average salaries, real estate prices, student loans, health insurance and percentage disposable income. Compare them intergenerationally. Check the growth rate of each.

    Then we can talk about the rest.

    How are they to be expected to raise children in a healthy, nurturing environment, when they need to be working two jobs and hustling a third to support them? What kind of parents would that make them? Not to mention the fact that child care comes in as an additional expense for the working class with two working parents. And they are supposed save on top of that to secure their financial independence.

    Have you ever stopped to think why the majority of a whole generation has given up on their financial independence and fertility? The answer is simple: Futility.

    Instead, they've decided to focus their energy, savings and time into activities that help them enjoy life in the little time they have left after the grind.

  • To quote Sonny and Cher and show my age " The Beat goes on ". I was told I was a baby boomer but it has never been important. Angst about what generation faced what challenges and what's important or not strikes me as a waste of time. To repeat I choose who I am . Labels belong on canned foods.

  • There is an article that's currently on nyt.com that highlights the plight of cab drivers who took on massive debt to purchase decals. The loans were easy to get, city officials looked the other way because they got the money, and cabbies chased a dream. There is lesson in there for all of us but especially

    There is an article that's currently on nyt.com that highlights the plight of cab drivers who took on massive debt to purchase decals. The loans were easy to get, city officials looked the other way because they got the money, and cabbies chased a dream. There is lesson in there for all of us but especially for college students.

    They need to choose majors that match the devt they take on. The article has some contradictory numbers that they need to explain - the averages they quote are wildly disproportionate compared to the real life examples they showcased but the overall lesson is that students need assistance to draw a line between the loans they take and the majors they are in.

    The article then highlights some of the most vulnerable in our society. Hard working individuals who are stuck in low income jobs. This is fundamentally a wrong job for a single income family. We need to do better by providing job skills training for these jobs. Flipping burgers is good, honest work that serves the community but no amount of public assistance will make that job a career, and certainly not one that will sustain a family. We can do better by providing avenues for trade skills training, community college, and even college for those who are in their late twenties and all through the end of life. The concept of "traditional" learners, (i.e. teens) needs to be done to give into a society that values continuous learning. Flipping burgers is just a temporary first job that sets the stage for the rest of life.

    I am older but don't fit a label for other reasons. Regardless of the label, we grew up in the shadow of the cold war and nuclear annihilation. Today it's something else that's going to wipe us out. We do what we can for the threat but we have to plan for the future as though we will survive the apocalypse.

    Mankind is crippled by devastation upon devastation - the vast majority of which don't leave our imagination.

  • The mega trends have never favored our social security or welfare system. Fertility rates already pointed to far greater challenges for social programs since the baby boomers. Structurally the challenge is much more complicated then just a matter of rethinking taxation or rethinking social programs

    The mega trends have never favored our social security or welfare system. Fertility rates already pointed to far greater challenges for social programs since the baby boomers. Structurally the challenge is much more complicated then just a matter of rethinking taxation or rethinking social programs. For the United States to remain the preeminent economic force globally we are going to need to alter our education systems fundamentally in order to drive innovation and entrepreneurship, otherwise individual value creation will never sustain the taxation or the social programs.

  • As a hard working baby boomer, I am not surprised at the content of this article. Millennials as a group have the worst work ethic I have ever seen. Late to work, long breaks, phone attached., The list goes on and on. Then when you try to help them they cry, quit, say you made them feel unsafe. Will

    As a hard working baby boomer, I am not surprised at the content of this article. Millennials as a group have the worst work ethic I have ever seen. Late to work, long breaks, phone attached., The list goes on and on. Then when you try to help them they cry, quit, say you made them feel unsafe. Will take days off to pay bills and buy groceries. It is a different world.

  • “Even with record levels of education, the troubles of millennials have delayed traditional adult milestone.”

  • It may be time to consider the 1% personal development fund. For most people life seems a hand to mouth existence. Savings and investment are an abstract idea. Even if successful in a limited way, one accident or mistake and all is wiped out.

    One author suggested 1% percent of GDP each year put into

    It may be time to consider the 1% personal development fund. For most people life seems a hand to mouth existence. Savings and investment are an abstract idea. Even if successful in a limited way, one accident or mistake and all is wiped out.

    One author suggested 1% percent of GDP each year put into a professionally managed growth fund, could provide paid for higher education. It could be used as a matching fund for a down payment on housing. Each person is tied to their share of the growth at birth and if it's not used for higher education etc it's a supplement to retirement funds.

    I think it is a great idea.

  • A robust Bronx cheer to my fellow Baby Boomer parents for raising an entitled, self-indulgent, everyone-gets-a-trophy generation of kids. Welcome to life Millennials! It’s, like, hard ya know, huh? Here’s hoping Gen Z is learning from the errors of the parents and kids of the two generations before it.

  • It’s interesting how having children is framed in reference to social security. I don’t think a lot of millennials (me being one) believe social security is for us. Social Security was meant to be for the generation that collected it, now it’s this fund the future is supposed to provide for the past

    It’s interesting how having children is framed in reference to social security. I don’t think a lot of millennials (me being one) believe social security is for us. Social Security was meant to be for the generation that collected it, now it’s this fund the future is supposed to provide for the past.

    Meanwhile we were told that education was the most important thing to get, while being charged inflated prices to pay for it. Where did that money go? Not to millennials. Now we might actually try to vote in a way that will make it easier for the next generation, should we choose to contribute offspring. I think it’s a necessary, natural shift of priority.