Via Truthout: In every community, there are nonprofit charities that serve real needs: local food pantries, programs addressing the opioid crisis, the Red Cross chapters that come to our aid after a storm. Charities provide vital services to the people and places they serve. These organizations lean heavily on volunteers, fundraisers, and donors. And most […]

(Dan here…I thought I should pass this along for NDd) by New Deal democrat Midyear update: long leading forecast through H1 2019 at Seeking Alpha My midyear update of the 8 long leading indicators, taking the forecast all the way through the middle of next year, is up at Seeking Alpha.Not only is it informative, but […]

Rigging the student loan system  Americans today hold $1.5 trillion in student debt, and recent research reveals that the effects of this outsized and growing debt are much more devastating than previously thought, particularly for communities of color. From bankruptcy protections and lower interest rates and fees to safeguards from fraudulent educational programs and even fullstudent debt cancellation, economic […]

(Dan here….Lifted from comments here) Spencer says: You can download the most recent GDP in excell form directly from the BEA. In the 2nd quarter exports accounted for 1.12 percentage points of the 4.1% surge in real GDP. That is almost 30% of growth. Apparently the big jump in exports was due to large purchases […]

Economic Policy Institute answers two laymen questions on wage stagnation: Why is wage growth so slow? It’s not because low-wage jobs are being added disproportionately: One explanation worth looking into is whether today’s low wage growth is due to a composition effect—i.e. low-wage jobs being added faster than middle- and/or high-wage jobs and, as a […]