Kevin O’Leary, a man who bluntly speaks his mind, is known for his supreme disregard for civility and his adoration for money. He was born in Mount Royal, Quebec, and started making his fortune with the start of his first software company. Currently, he is featured in shows such as Shark Tank, Dragons Den, and The Lang & O’Leary Exchange (all of which are business-oriented shows). Recently, he made another controversial remark that infuriated a lot of the viewers who were watching The Lang & O’Leary Exchange. This time, during an interview with Hedges, he called the Pulitzer Prize-winning journalist “a nutbar”. Soon after, hundreds of complaint emails were received, many of them demanding an apology, and even some that suggested O’Leary to be fired. I have watched him in Dragons Den and Shark Tank for a long time and have always admired his boldness. Although the person receiving his tirade might feel devastated, he is never dishonest and says the facts straight up. It would be more pleasing if he could say the same thing in a polite manner, but sometimes, the truth and nothing but the truth has to be told in order for the message to be truly comprehended by the receiver.

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Source: The Huffington Post

Improvements on technology are allowing companies to trade goods with other partners more efficiently in terms of price and speed. It’s also creating a vast web of imports and exports around the globe, allowing companies to expand and increase their revenue. However, a major problem has been developing in the U.S for some time. According to a recent report from the Economic Policy Institute, nearly 2.8 million jobs have been lost in the past decade in the U.S, due to China’s cheap and plentiful manufacturing costs. Furthermore, due to an increase in unemployed, the U.S government has to spend more money on unemployment insurance and social service assistance to laid-off workers. Originally, the U.S government thought it would benefit itself if it traded with China, because it would provide cheap goods for American consumers. Unfortunately, this trading agreement became a mixed blessing; as China’s manufacturing surpassed America’s dramatically, America suffered. Cheaper prices for goods ultimately benefited the consumers with jobs, but the consumers without jobs did not have the means to purchase the goods in the first place. Instead of being capitalistic and only looking out for the wealthy, the U.S government should decrease the amount of goods imported from China in order to spread the wealth amongst consumers.

Source: New York Times