Good morning. Friday’s quote was BLM’s statement excusing the Cuban dictatorship for its brutal treatment of its citizens. Today another bloody weekend in Chicago; retail spending ticks upwards; CNBC can’t understand American preferences; and illegal border crossings top 1 million. Here is today’s quote:
The truth is something that burns. It burns off deadwood and people do not like having their deadwood burnt off, often because they are 95% deadwood.
Chicago’s Weekend Shootings
Over the weekend, 60 people were shot in the city of Chicago. That represents at least 10 people killed and 50 wounded, according to the Chicago Sun Times. Moreover, 6 of those wounded were children who have since been hospitalized and remain in fair condition. To those that lost their lives, R.I.P.
US retail spending rose in June as Americans move back into the broader economy. Retail sales, which are a measure of in-store sales, restaurant purchases, and online retail, ticked upwards 0.6 percent month-over-month, according to the Commerce Department. It beat economist expectations, too, for whatever that is worth anymore. The full report can be found here.
Milton Friedman used to have this saying: “Watch how people vote with their feet before you judge which society gives them better living conditions.” It encapsulates why people would float a 1950’s Chevrolet across 90 miles of shark-infested waters—they would rather risk their lives than spend one more day in Cuba.
CNBC believes that it created a better way to judge such conditions: its proprietary diversity and inclusion score. Over the weekend, from its offices in New York City, they concluded that the worst state to live in is Arizona, followed by Texas, Nevada and Missouri (tied), and finally Tennessee. You’ll notice that each of those states are among the most popular domestic migration centers. But instead of contend with the preferences of millions of Americans, they use the space to re-litigate hotly contested political issues.
Given the hot summer months, illegal border crossings are expected to decline, at least along the southern border. Not so this year. In June, US border officials arrested more than 188,829 illegal aliens. It represents a 5 percent increase from May and pushes total encounters to over 1 million. (For reference, there were just over 400,000 encounters in 2020.) That includes just 123,838 unique individuals, meaning that tens of thousands of illegal immigrants have attempted to cross the border previously. Per Acting CBP Commissioner Troy Miller: “We are in the hottest part of the summer, and we are seeing a high number of distress calls to CBP for migrants abandoned in treacherous terrain by smugglers with no regard for human life.”