If  you’re a young American adult (the 25-to-34 age range), and you have a good job, count yourself blessed. Most of your peers aren’t so lucky. The New York Times reports that “[o]ver the last 12 years, the United States has gone from having the highest share of employed 25- to 34-year-olds among large, wealthy economies to having among the lowest.”

Of course, young Europeans have been dealing with this for years. Greece, Spain and Portugal have unemployment rates between 17-27% (Greece being the highest), and the outlook is grim for most of the European Union (EU). Even taking into account that many young people may be studying or raising families and therefore not looking for full-time work, the deterioration of the EU’s economies is obvious. But it’s not just lack of jobs. As Samuel Gregg, Acton’s Director of Research, points out in his book Becoming Europe, “Europe’s social systems are under consider­able internal strain from the remorseless deterioration associated with unaffordable welfare states, population decline, low produc­tivity levels, and the preferential treatment of politically connected insiders.” Read more on Idle Young Americans: Are We Becoming Europe?…

As keystroke was committed to screen in the writing of this post, J.C. Penney honcho Ron Johnson received his walking papers. This after it was announced last week that the ousted CEO had his pay cut 90 percent– tanking his 2012 salary to a mere $1.9 million from a sum north of $50 million in 2011.

With numbers like that, Johnson more than likely won’t apply for unemployment benefits anytime soon. But his compensation unfortunately will add more fuel to the fire of those proxy shareholders advocating for “say on pay” rules for upper management.

For example, The Nathan Cummings Foundation submitted a proxy shareholder resolution to Caterpillar Inc. that reads: “The shareholders … ask the board of directors to adopt a policy that incentive compensation for senior executives should include a range of non-financial measures based on sustainability principles and reducing any negative environmental impacts related to Company operations.”

According to its website, NCF “is rooted in the Jewish tradition and committed to democratic values and social justice, including fairness, diversity, and community. We seek to build a socially and economically just society that values nature and protects the ecological balance for future generations; promotes humane health care; and fosters arts and culture that enriches communities.” Read more on Executive Pay and Shareholder Resolutions…

In addition to internal logical inconsistencies which raise serious concerns of long term economic sustainability regarding the Affordable Care Act (ACA), recently analyzed by John MacDhubhain, Robert Pear reports in the New York Times over the weekend how confusion over certain ambiguities in the law (ironically over the meaning of the word “affordable”) would end up hurting some of the people it is precisely designed to help: working class families.

Read more on Another Reason We Can’t Afford the Affordable Care Act…

Anytime I can get a progressive/dissenting Catholic magazine/blog like the Jesuit-run America simultaneously to quote papal documents, defend the Magisterium of the Catholic Church, embrace the Natural Law and even yearn for a theological investigation “by those charged with oversight for the Church’s doctrine” of a writer suspected of heresy, I consider that I have had a good day.

And to think that all this was prompted by two sentences of mine quoted in a New York Times story on an attempt by adjunct professors at Pittsburgh’s Duquesne University to form a union! Times reporter Mark Oppenheimer asked how I made sense of the resistance on the part of Duquesne, a Catholic University, to unionizing efforts by adjunct professors in light of the Church’s teaching about unions. We had a pleasant half hour talk on the subject in which I first explained that the Church generally looked favorably on unions – certainly not all of them, at all times or in all places, and not at all they do, and not as an end in themselves, but rather for the well-being of those workers and their families (i.e., that the Church’s support for unions is contingent). This favorable bias does not mean that workers are obligated to join a union, nor that management is obligated to accept the terms of a union. The right to join a union, in Church teaching, is rooted in the natural right of association, which of course also means that people have the right not to associate. It all boils down to the details of the specific case, meaning that Duquesne was probably considering the ever-rising costs of education and its impact on the lives of students and their families.

It was in this context that I uttered what the America magazine/blog writer Vincent Miller deemed offensive when I observed that Pope Leo XIII wrote Rerum Novarum, “In the industrial revolution, [when] the church was concerned about communism, and not just capitalism but savage capitalism . . . People were being brutalized. That’s just not the case in Pittsburgh today.” Read more on Rev. Robert Sirico: Reply to America Magazine…

The New York Times interviewed Rev. Robert A. Sirico about a movement by professors at Duquesne University, a Catholic school in Pittsburgh, to organize a union. The Times writes that, “Duquesne is arguing that its affiliation with the Spiritans, a Roman Catholic order, affords it a special exemption from the jurisdiction of the National Labor Relations Board. It’s a conflict between church and state, the school’s lawyer argues, to allow workers to file for a union election.” Rev. Sirico, Acton’s president and co-founder, responded to the question of whether or not “the importance of unions in Catholic teaching is historically contingent.”

Read more on Rev. Sirico on the Duquesne Unionization Drive…

Over at National Review Online, Acton Research Director Samuel Gregg takes a look at a recent Charles Blow op-ed in the New York Times in which the writer hyperventilates about statements made by Rick Santorum on the subject of income inequality.

Read more on Samuel Gregg: Inequality Anyone?…

Al Mohler absolutely dismantles Nicholas Kristof in this new piece. The cause of this skewering? Kristof’s “Beyond Pelvic Politics” column in The New York Times.

Mohler notes,

After asking his most pressing question, “After all, do we really want to make accommodations across the range of faith?,” he makes this amazing statement:

Read more on Religious Liberty or Government Tolerance?…

Over at National Review Online, Acton Research Director Samuel Gregg recaps President Obama’s State of the Union address:

There is always something surreal about a Chicago politician talking about “fairness” and “playing by the rules.” There is something even more bizarre about a president talking about the need to expand energy production after his administration has generally undermined significant progress in facilitating energy development for three years in the middle of a recession. And who would describe Detroit as “on the way back”? A stroll down the ghost town otherwise known as downtown Detroit — which is teetering on the edge of being put into administration — would suggest the opposite. It’s not often that I agree with very much said by the New York Times’s Maureen Dowd, but this State of the Union speech illustrated that the lady was dead right in describing the Obama presidency as a bubble within a bubble.

Read more on Samuel Gregg: Obama SOTU full of ‘hot air, populism, contradictory promises’…

Writing in the Detroit Free Press, reporters Joe Swickard and Pat Anstett describe the life and June 3 passing of Jack Kevorkian. Long before he made a name for himself as a “assisted suicide advocate,” Kevorkian was known to the nurses at Pontiac General Hospital in Michigan as “Dr. Death” for his bizarre experiments.

Read more on Rev. Sirico: Kevorkian’s ‘Terminal TV’…

I have said it many times in the past, but now I have confirmation: According to the editors of the New York Times, the Pope is not permitted to make moral judgments because only the Editorial Board of the New York Times (all genuflect here) is permitted to pontificate:

Read more on The Paper Pope…