Opinion – Opioid epidemic, not banking system, to blame for falling US labor participation – Fed chief Yellen — RT America

Russia’s RT reports that the opioid abuse in the US is linked to a decline in labor participation rates, citing a claim by  Federal Reserve Chair, Janet Yellen.

Source: Opioid epidemic, not banking system, to blame for falling US labor participation – Fed chief Yellen — RT America

The opioid epidemic is a fairly recent phenomena, almost exclusively centred in the US and Canada. Opioids became widely prescribed in the US in the nineties to treat chronic pain – now there’s a crisis affecting North America young, notably with lower education and from poorer areas. Pharmaceutical grade opioids have given way to criminal supply chains, largely from Mexico  – poor quality and dependence have quickly lead to drug overdose being the largest cause of death in the under fifty age group.

It’s quite significant that the Chair of the Federal Reserve, Janet Yellen, has singled out opioid abuse as a primary reason for the decline in labor participation. Yellen is expected to be replaced by President Trump who does not like her outspoken style, even if her arguments are supported by solid evidence. We should remember that Trump’s Far Right support comes from lower educated whites, often down on their luck, and who match the demographic profile of opioid abusers. Finally, of course, RT, the Russian news service, is pointing the finger at the underside of North American society, throwing some red meat to its own domestic readers who are feeling the impact of sanctions because of Putin’s foreign policy interventions.

It’s unlikely that Trump’s nationalistic domestic policies will slow the growth in opioid abuse. With increasing technology replacing lower and medium level jobs, matters will get worse unless there is an effective intervention.

Let me ask an open question:

How should America and Canada effectively eliminate the opioid epidemic?

Thoughts?

 

Opinion – What’s in Your Herbal Pills? Firm Promises DNA Testing for Proof – The New York Times

500 mg calcium supplement tablets, with vitami...

500 mg calcium supplement tablets, with vitamin D, made from calcium carbonate, maltodextrin, mineral oil, hydroxypropyl methylcellulose, glycerin, Vitamin D3, polyethylene glycol, and carnauba wax. These supplements are distributed by Nature Made Nutritional Products. (Photo credit: Wikipedia)

Dietary supplements, such as the vitamin B sup...

Dietary supplements, such as the vitamin B supplement show above, are typically sold in pill form. (Photo credit: Wikipedia)

 

 

 

 

If you or your family take herbal supplements this NYT article is a must-read. It reports that one of the national’s largest supplement makers will conduct advanced DNA testing to ensure its products contain the ingredients listed on the label.

Source: What’s in Your Herbal Pills? Firm Promises DNA Testing for Proof – The New York Times

This is a breakthrough. Pharmaceutical companies have long been critical of the regulation over health supplements, calling for pharmaceutical level standardization and quality assurance. Investigators have found that big US names have been selling questionable products.

This is a multi-billion Dollar industry. Big brands like Solgar will strengthen their product differentiation with DNA testing. Expect the new standards to shake the industry leaving consumers of these expensive products angry and confused.

Thoughts?