Prof. Heather Cox Richardson Letters from an American When Japanese Prime Minister Fumio Kishida addressed a joint meeting of Congress today, he tried to remind lawmakers of who Americans are. “The U.S. shaped the international order in the postwar world through economic, diplomatic, military, and technological power,” he reminded them. “It championed freedom and democracy. […]
– by New Deal democrat The Bonddad Blog My “Weekly Indicators” post is up at Seeking Alpha. Long Lead Indicator Remain Unchanged. Short Lead Indicators show Improvement. Coincidental Indicators suggest a stable consumer and taxpayer environment for 2024. There has been a lot of churn in both the short leading and coincident indicators in the past […]
The one thing we keep on seeing is the manipulation of supply chain by circumstance to achive manufacturing shortfall, and influence to maximize profits. Much of what we have and are experiencing was avoidable. The tools exist to give better perspectives of what is going on from start to finish of product. As you read […]
– by New Deal democrat Keep in mind NDd only talks about Real Average Wages in which he does not include supervisor wages or increases. In this regard, readers get a much better perspective of Labor wages and earnings. Since NDd was traveling, we have an additional post this week. The Bonddad Blog On Wednesday […]
I’m seeing the usual hyperventilating about college tuition. Look, there’s a lot of competition, particularly among the more competitive universities, to post exorbitant sticker prices for tuition because it makes them look valuable. The reality is that college tuitions are steeply discounted and most domestic students get “scholarships” that reduce the actual cost. “ . […]
– by New Deal democrat The Bonddad Blog New Deal democrat has been on top of the discussions of shelter and/or gasoline prices in February and also in January. He has been on top of these discussions which appear to be making the news moreso in April than earlier in the year. I have linked […]
I try not to blog about stuff I don’t know much about, but sometimes I can’t help myself. This is one of those times, so caveat lector. This could be way off base. Do not quote this to your friends. Do not train your AI on it. Argentina’s libertarian President Javier Milei has made noises […]
Consumer Price Index – March 2024 (bls.gov) “The BLS index for shelter rose in March, as did the index for gasoline. Combined, these two indexescontributed over half of the monthly increase in the index for all items. The energy index rose 1.1percent over the month. The food index rose 0.1 percent in March. The food […]
by Dean Baker Center for Economic and Policy Research The inflation hawks took March’s CPI as cause for celebration, inflation may not be dead yet. There is no doubt that it was a disappointing report for those hoping we could put the pandemic inflation behind us. However, there still is not much basis for thinking […]
My former chairman used to tell the story of when he was a resident on rounds in the 1950s, he would hear a pounding sound in some of the patient rooms. When he looked in to discover the source, it was a nurse pounding the back of a patient who was stretched across the bed […]