Not an article by The Economist. Indeed, an article reporting on The Economist piece as written by La Vanguardia. A positive take on The Economist article. As reported, Spain achieved the best economic results of any nation with the exception of GDP per capita over the last year. Not everyone is in agreement. But all […]
The U.S. economy posted a solid though slightly disappointing (?) period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown. With the expectation of attempting to slow inflation, I would think a 2.8% rate of growth would be welcome in light of the Fed waiting […]
November consumer inflation remains well-contained except for the two most lagging sectors of shelter and transportation services – by New Deal democrat Let me pick up where I left off yesterday discussing trends in consumer prices. One thing I have done every month for the last couple of years is to review all the categories […]
Nearly half of U.S workers will live in states with at least a $15 minimum wage by 2027, Economic Policy Institute In the 2024 election, Alaska and Missouri voters approved ballot measures to increase their state minimum wage to $15 an hour in the coming years. Now 15 states and Washington D.C. either have or […]
Mistake in Administering Property Taxes Results in a 1200 Percent Increase? This reads like something in a tabloid. However, it is occurring in an Illinois county. Montgomery County Assessor Kendra Niehaus discovered the assessment was being calculated incorrectly. A tract of woodland should have a tax rate applied to 33.33% of its fair market value. […]
Recently, Anthem BCBS rescinded its policy of limiting the amount of anesthesia it would pay for during operations. The policy conjured images of patients waking up before the end of their operations, or later being confronted with unexpected bills. But allegedly, that’s not the intent: “Anesthesia services are billed partially on the basis of how […]
Excellent recital on Russia by “Infidel at Infidel753“ Very often, those who understand an empire best are those who are subjugated by its power, or until recently were so. A slave has a strong incentive to know the master’s whims and cruelties and strengths and weaknesses; he may well suffer greatly if he misjudges those […]
– by New Deal democrat No economic news again today. Tomorrow we will get the CPI report for November. As to which, I have read a few posts in which the claim is made that inflation, especially core inflation, is picking up again. It certainly could happen, but in my opinion the evidence for such a […]
I’m old enough to remember Russia as the mother country to the Soviet Union. While the USSR was never a world-class economic power, it did punch above its weight as a military power under Stalin and for a couple decades after. Russia under Putin has been described as a gas station with an Army. Its […]
– by New Deal democrat Most of the commentary about Friday’s jobs report for November was positive. By contrast, my summary – in which I averaged the two last reports to take into account the hurricane whipsaw – was much more cautious, as were the takes by a few other commentators I respect, like Ernie Tedeschi. […]