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

Health Care ACA Act: Who does the Roberts Court Work For?

It is an article of faith among many on the Left that the answer is easy: the majority on the Roberts Court is in the tank for the Republican Party. And within certain limits and with qualifications that is my view too. But the question today is WHICH Republican Party? The nativist libertarian leaning Christianist […]

A Few Graphs Describing the Reagan Presidency

by Mike Kimel A Few Graphs Describing the Reagan PresidencyCross posted at the Presimetrics blog. On February 6, 2011, Ronald Reagan would have been turned 100 years had he been alive. In this post I’d like to share a few graphs from Presimetrics (the book I wrote with Michael Kanell, with graphs and illustrations by […]

Thoma: The Slow Recovery of Unemployment

Mark Thoma is a truly stand-up guy. We need more like him screaming for the unemployed and underemployed. I’ll comment just a bit more after Mark’s commentary. Mark Thoma on The Slow Recovery of Unemployment: I don’t like to make economic forecasts. Though I do it on occasion, I generally leave that to Tim Duy […]

Tax Patents

by Linda Beale Tax Patentscrossposted with Ataxingmatter The Senate Judiciary Committee did a markup of its patent reform legislation (S.23) today (Feb. 3, 2011) and –in a unanimous vote– sent it to the floor of the Senate with the broad ban on the patenting of tax strategies intact. The accounting group AICPA has been leading […]

js-kit commenting system

Readers have noticed and commented on the abrupt change in the commenting format last week. Angry Bear’s discounted subscription to echo pro expired and became echo live, which is geared to a social networking format (links to twitter and facebook and other perks). Echo pro costs $100/month minimum for companies with 1 M pageviews a […]

The household survey paints a clearer picture of the January employment report than does the nonfarm payroll

I’ll forward you to Spencer’s post on the January Employment report. As always, he sifts through this massive report and eloquently describes the state of the labor market. But I thought that I’d add a bit on the disparity between the household survey and the establishment survey. The annual population revisions and weather distortions have […]

EMPLOYMENT SITUATION

Signs of stronger growth are showing almost everwhere but the employment data. In January payroll employment grew by 36,000 while private payroll job only expanded some 50,000. Employment as reported by the household survey grew 117,000. This is the third consecutive jobless recovery and the payroll gains have been very weak in all three. The […]

The Octopus of Microsoft Will Sing it’s Swan Song

What is the point of BING ? Brad DeLong notes that Microsoft’s web operations are losing amazing amounts of money, and asks how that is even possible. Google notes that Bing sure seems to be using their product without attribution. They made up words and then constructed google searches which gave results when asked to […]