The world is a much-changed place since I was born. While that hasn’t always been for the better, there are technologies that I have embraced enthusiastically and wouldn’t want to retreat from: Word processing on computer: I learned touch typing on a typewriter. My parents gave me a portable manual typewriter as a high school […]
My Weekly Indicators for May 25 – 29 is up at Seeking Alpha, New Deal democrat The split between the portion of the economy being driven by AI-related production and profits and the broad consumer economy continues to stand out starkly. But as I have pointed out often in the past many months, there is […]
I suspect getting an education is a doorway to higher income. I do believe it is one part of it. Field of endeavor, base degree and advanced degrees, and salary play the parts I am aware of today. Then, how good are you in your field and can you be replaced easily. The article corresponds […]
– by New Deal democrat The final note from yesterday’s data is concerning new home sales, and more importantly at the moment, prices. As a general refresher, new home sales are perhaps the most leading of all housing data; but they are very volatile and heavily revised, which is why I pay more attention to […]
Having been exposed to the prison system over a period of time, I can vouch for what the author is proposing and the state is establishing. People do make mistakes. However, if society continues the punishment during and after parole, it becomes harder for a parolee to reestablish themselves in society. As it stands today, […]
– by New Deal democrat Per my comments yesterday, so much data was released (with none coming today) that I did not report on several of the items. I’ll get to new home sales later, but first let’s talk about new orders and revised GDP. The central theme of yesterday’s personal income and spending report […]
These are partials. I have not found one article talking about the entire process. Trump is so volatile, it is hard to know where these talks are going to end up. Oil Price present a “now, short term view. The FED is looking at it from an inflationary aspect. Bolton does not believe we are […]
Taxing Wealth and High Incomes, Econofact – by Christopher Towe What you are seeing here is the growth in the percentages of citizens who make up upper income brackets. In this case, we are looking at the 1 tenth of 1% of the population and hold 14.5% of the wealth in the United States […]
AB: For the last few months, New Deal democrat has been watching an economy on the brink of a recession. Still not quite there yet. The one factor keeping us above board is AI. A quick explanation why. The pending on AI infrastructure accounts for a large portion of U.S. GDP growth today. Such offsets […]
Report by Benedict Vigers on how young America is faring in today’s Job Market. Fewer young people are finding jobs in America than those who are 55 and older. That is kind of odd as companies typically favor the young over the old in job searches. To read this is kind of a surprise for […]