Talking Points: Flag, Health Insurance, DOW

Flag, Health Insurance, DOW

The US flag currently in use was actually designed by a 17-year-old high school student as a class project. After Hawaii and Alaska joined the union in 1959, Robert Heft designed a flag with five rows of six stars and four rows of five stars. His teacher told him it was unoriginal and he received a B-minus. He later sent his design to Ohio Congressman Walter Moeller and it was adopted as our current flag on July 4, 1960. Ohio History Central

North Korean leader Kim Jung Un now boasts a higher “favorable” rating among Republicans, than does House Minority Leader Nancy Pelosi. According to the survey results, 19% of Republicans indicated they had a favorable view of Kim Jung Un vs. 17% for Nancy Pelosi. The Daily Beast, June 18, 2018

Due to new sexual harassment guidelines, Netflix employees are being asked not to look at one another for more than five consecutive seconds. Quartz at Work, June 15, 2018

In 1980, a house in St. Louis would trade for a decent studio apartment in Manhattan. Today, that house will buy an 80-square-foot bathroom in the Big Apple. The Atlantic, June 17, 2018

Since 1999, the average worker contribution towards individual health-insurance premiums have risen 281% to $1,213 during a period of 47% inflation, causing more than a quarter to cut back on retirement savings, and nearly half to reduce other savings. The Wall Street Journal, June 22, 2018

GE is no longer a part of the blue-chip index. In the past, getting kicked out of the DOW hasn’t been as bad for a stock as might be expected. The last 10 booted companies have risen an average of 6.4% in the year after their respected removals. By contrast, the past ten additions have fallen an average of 4.6%. The Wall Street Journal, June 22, 2018

“It is rumored that a sequel is in the works to the 1996 movie, “Independence Day.” I am not sure how scary it will be since an alien invasion would be only like the fifth worst thing we’re dealing with right now. Jimmy Fallon

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