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

Economic Growth Rates, The President’s Party and the Party that Controls Congress

by Mike Kimel Economic Growth Rates, The President’s Party and the Party that Controls CongressCross-posted at the Presimetrics blog. This post looks at economic growth rates by President and party. However, it also looks at how that growth rate is affected by which party controls Congress. (This is a topic covered in a lot of […]

Dem fund raisers…a WTF moment?

NY Post reports That White House Chief of Staff Rahm Emanuel met Sunday night at the apartment of Jane Hartley and Ralph Schlosstein with Dem fund-raisers such as Orin Kramer, Stan Shuman, Roger Altman, Ann Hess, Robert Zimmerman, Pete Peterson and Joan Ganz Cooney. Good grief. Pete Peterson a Dem fundraiser? Who is getting his […]

Automation patterns…any figures?

Market Watch reports: Hewlett-Packard Co. on Tuesday said it will invest $1 billion to consolidate and automate its data centers, a move that will lead to the elimination of 9,000 jobs over a “multiyear” period. The Palo Alto, Calif.-based computer and printing giant /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 45.59, +0.01, +0.02%) said annual savings in its enterprise-services division […]

First Chapter of Presimetrics Available for Download

by Mike Kimel First Chapter of Presimetrics Available for Download The table of contents, introduction, and chapter one of Presimetrics, a book I wrote with Michael Kanell of the Atlanta Journal Constitution, are available here. The inside pages have already gone to the publisher, and the whole book will be released on August 11. So… […]

Holiday sweetness

I have been ‘doing’ the South Beach diet the last three weeks. It is quite amazing how sweet berries, and the occasional small slice of watermelon on this hoiliday week end, tastes. Much better than corn syrup.

PSI?

Does anyone have a handle on pounds per square inch of pressure of the flow of oil (mud not heavy enough?) against the pounds per square of sea bed pressure, and then subsequent impact as the flow encounters considerably less pressure the closer to the surface the flow gets? Update from comments in Oil Drum […]

To extend or not to extend, Pew (do you) Trust

by Linda Bealecrossposted with Ataxingmatter To extend or not to extend, Pew (do you) Trust The Pew Trust has published a study of the cost of extending the Bush tax cuts: Decision Time: The Fiscal Effects of Extending the 2001 and 2003 Tax Cuts. As surely all ataxingmatter (and Angry Bear) readers are aware, the […]

Structural Unemployment and Technology

Martin Ford points us to an ongoing concern as our economy changes: Structural Unemployment and Technology Previously, I’ve argued here that job automation technology might someday advance to the point where most routine or repetitive jobs will be performed by machines or software, and that, as a result, we may end up with severe structural […]