Assorted topics this time. Consumerism was actually the first topic on the list of links in my In-Box. I am interested in seeing how the US negotiates with the Taiwanese on a new plant and what the US will do with Supply Chains. It is not as simple as what many people think. You should […]
New factory orders remain an economic bright spot – by New Deal democrat New factory orders for October were reported this morning. I normally don’t write about them, because they are very noisy, but since at the moment they are one of the few bright spots among the short leading indicators, let’s take a look. […]
Mourning The Late Jiang Zemin? Former Chinese leader Jiang Zemin died at age 96 on Nov. 30, curiously just as the worst outbreak of demonstrations to happen in China since 1989 happened, probably now come to an end, as China both suppresses them, arresting some people based on phones and visual surveillance, as well as […]
Anne Lowrey at The Atlantic recognizes a shortage of housing overall and mostly in the cities. “The U.S. Needs More Housing Than Almost Anyone Can Imagine.” Just how many houses, what is the number? How many homes must the expensive coastal cities in the US build to become affordable for middle-class and the working-poor families? Over […]
No one wants to pay more for energy at any time. No one wants the means for greater independence from foreign control, big business, wasteful practices which will involve them. The reality being, it is all about us. The thems of the world. ~~~~~~~~ “As taken from Michigan Radio/NPR; “Auchter’s Art: Not in my backyard,” […]
November jobs report: decidedly mixed signals, most consistent with a still-growing but decidedly weakening economy – by New Deal democrat Since early this year I have expected employment to follow the halt in consumption growth, decelerating over time to a stall. This has only intensified given the major decline in growth in payroll withholding […]
As I read Dean Baker’s perspective on Low Income families, I find it hard to believe. The market in the Southwest has dried up due to high prices and interest rates. One or the other has to be lower to attract buyers. Builders have not lower prices and bank rates have remained high. One builder […]
November manufacturing and October construction both decline, the former almost at recessionary levels – by New Deal democrat As usual, we begin the new month’s data with the ISM manufacturing index. This index has a very long and reliable history. Going back almost 75 years, the new orders index has always fallen below 50 within 6 months […]
Economic Policy After The Midterm Elections Will economic policy change much aa a result of the midterm elections? After all, the GOP has taken the House of Representatives, if only narrowly, with inflation and the economy supposedly the top issue, especially for those supporting the GOP. Will this reappearance of “divided government” have an impact […]
So Much For The Iran Nuclear Deal – by Barkley Rosser @ Econospeak Sorry you have not seen me here for a while. My laptop on which I am able to post here was out of commission, but now has been fixed. Well, it was not the US beating Iran in the World Cup. It […]