Month: June 2021

College Conceit

06/02/2021

To enhance diversity (and cope with Covid-19), many colleges no longer require SAT/ACT scores from applicants. Unfortunately, admission counselors must now rely more on other aspects of applications like essays, which also advantage the wealthy. Even extra-curricular activities are biased.…

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Spending Shift

06/01/2021

In 1/20, prior to Covid-19, annualized US household spending on goods was $4.59 trillion/year. Last month, spending was a staggering $5.45 trillion, up 18.7%. Conversely, during 1/20, annualized spending on services totaled $10.29 trillion, it’s now at its post-pandemic high…

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