Relevant and even prescient commentary on news, politics and the economy.

Older workers working longer; labor-force participation falling

The BLS released its employment and labor force projections for the period 2008-2018. The report highlights a more diverse and slower growing labor force stemming from a falling labor-force participation rate. Some headline findings of the report are (bold font by yours truly): Total employment is projected to increase by 15.3 million, or 10.1 percent, […]

Today in "Economists Are NOT Totally Clueless" (Part 1 of 2 or 3)

The WSJ collects reactions to the release of the latest Case-Shiller index. Let’s look at two, just for fun: One in four mortgages are currently underwater. Foreclosure and delinquency rates, which hit a record high at the end of the third quarter of 2009, are therefore likely to continue to rise, perhaps sharply. In addition […]

Save Hoffman La Roche from itself

Robert Waldmann Zenapax world supplies at risk – well basically nonexistent. I was thrilled when my father, Thomas Waldmann won a Service to America award in large part for his contribution to the development of Daclizumab, that is, Zenapax TM, a humanized monoclonal antibody which inhibits the immune response. Zenapax is approved for sale for […]

Economic Growth: Blood Suckers v. Free Lunchers

by cactus Economic Growth: Blood Suckers v. Free Lunchers Good evening, and welcome to another episode of Comparing Presidents: Tax Burden v. Economic Growth. But looking at things from a Democrat v. Republican perspective seems to be a step too far for some readers, so this time we’ll do something different. For the purpose of […]

The suspected terrorist went to a federal pen?

by: Divorced one like Bush So, we can’t bring the Gitmo crowd here because they are dangerous and would create an inviting situation for further terrorism, but we can take the suspected Northwest Airline man to a federal pen just outside of Detroit? A suspected terrorist, in a federal pen? What?  Does the government really think […]

Recession slammed domestic migration

by Rebecca Wilder Earlier this year, I compared US migration with that in Canada – one healthy, the other not so much. As a sequel to the story, the Census released its figures for migration into 2009, and the pattern in the US has worsened (you can download the here). The picture of American mobility […]

Geithner’s Baa Humbug to Jobs and Labor

Geithner’s Baa Humbug to Job’s and Labor (h/t Run75441) “Ebenezer: Since you ask me what I wish sir, that is my answer. I help to support the establishments I have named; those who are badly off must go there.” Daniel Gross at Slate interviews Tim Geithner here: “We Will Be Judged on How We Dealt […]