Lawrence Mishel and Josh Bivens at Economic Policy Institute take a look at why wages have been relatively flat compared to productivity gains in the US economy, inequality of compensation, and declining share of income between labor and capital. Broad strokes but helps with context and suggesting ideas for current government actions. Inequalities abound in the U.S. […]
On Labor Day 2022, how well is labor doing? This is Labor Day, so let’s take a look at a few metrics of how labor is doing. As an initial aside, occasionally I get asked why I write about expansions and recessions. An important reason is, pretty much by definition during recessions jobs and income […]
We need to make a long-term commitment to Ukrainian victory. Jack Watling: Given that offensive operations to liberate occupied territories are likely to run through 2023 and are dependent upon Western aid, it is important that Ukraine’s international partners stop periodic announcements about specific lists of equipment and instead articulate a longer-term commitment to structural […]
A bit of an intro for Weldon. A good writer who I knew at Slate’s, “The Best of the Fray.” In contrast to what is there at Slate now, we far surpassed its present quality. Just a quiet read on Labor Day. “Slacker Sunday,” Bad Crow Review, Weldon Burger (author) “A dog howls at daybreak,” […]
In 2020, after Democrats had retaken control of the House of Representatives, the third version of the larger bill managed to actually pass the House under the more reasonable title of the Patient Protection and Affordable Care Enhancement Act. Of course, it didn’t even get a vote in the Senate. In early 2021, a temporary version of this bill by […]
A bit of history leading up to the creation of Labor Day as a holiday, the first day of celebration, the politics, how it came to be, and the politics as told by Prof. Heather. That first celebration being held September 5, 1882; at noon that day, when the marchers arrived at Reservoir Park, the […]
How we got to this point? Maybe now seems like a good time to review the five core truths about the Russia scandal. “Lest We Forget …” | Homeless on the High Desert, August 29, 2022, g’da said “It was a few days after the FBI executed a court-approved search warrant at Mar-a-Lago. Donald Trump started […]
This was sent to me by Dale Coberly. I was wondering why Dale was sending me trash advertisements. Skimmed it and then it dawned on me. Much of this advertising is made to sway people’s minds to do something. It is the type of advertising I sometimes wish to throw a shoe at the 65-inch […]
Weekly Indicators for August 29 – September 2 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The consumer portion of the economy continues to benefit from lower gas prices, while the producer side continues to suffer from higher interest rates. As usual, clicking over and reading will bring you up to the […]
“What the Inflation Reduction Act means for PBMs” Times of News This is a strange little article trying to fill a gap in knowledge. The italicized sentences are mine. It does make some sound points on PBMs so I kept it. If you can get into Seeking Alpha or Modern Healthcare, you may find a […]