Evey day, I get an array of emails in my In-Box offering up articles or what they think can be interesting reads. Some are hawking subscriptions too. I like to subscribe to news letters and magazines. The problem being, I never get a chance to finish them all. Law Why the Supreme Court rejected a […]
Have wages “really” increased since before the pandemic? – by New Deal democrat All of the remaining 2023 data – housing sales and construction, and personal income and spending, as well as the Index of Leading Indicators – will be reported this week. After Christmas, only initial claims will be reported next week. Today there […]
Bruce Webb introduced the Social Security Northwest Plan in 2009. He credited Arne and Dale as co-authors. The NW Plan only increases payroll taxes if increases are needed. For years before 2009 Bruce had confidence that forecasts were too pessimistic, but he was convinced by Arne to consider a plan that included triggers. Arne’s solution […]
Dale Coberly discusses an article written by Andrew Biggs “No, Social Security Isn’t ‘Earned’,” WSJ [Dear reader: this is very long. It had to be to refute all the claims made by the author of the WSJ op ed. You don’t have to read it if you don’t want to, or all of it, or […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The big decline in long term interest rates this week in the wake of the Fed’s announced “pivot” towards lowering rates created one of the biggest changes in the long leading indicators for several years. Meanwhile most of the coincident indicators continue to […]
Open Threads are created for people to have conversations which may not fit in with topical posts . . . a comment which may be off topic. I usually offer up one topic to start a conversation. Many think it is ok to abandon a nation threatened by a global threat in the form of Russia. […]
Industrial production remains below late 2022 peak even after end of UAW strike – by New Deal democrat Industrial production historically has been the King of Coincident Indicators, turning up and down at the onset and end of recessions in the past. But as I wrote last month there are signs that has changed in […]
Real retail sales mildly positive, but still suggest further deceleration in job gains – by New Deal democrat Before proceeding further, I should mention – and should have mentioned as to jobless claims – that we are in that part of the year where seasonality often wreaks havoc, so outsized gains or losses should be taken […]
Controversial? My Background? XMarine Sergeant E5 served 68-71. Not an 0311. Was made a Sergeant a couple of months into my third year. Excellent shot with M14. Served during the Vietnam years when the US did most of the fighting. US pulls out and South Vietnam collapses. US assists Afghanistan in fighting. Does most of […]
Jobless claims: good news all around – by New Deal democrat This was one of the best weeks as to jobless claims all year. Initial claims declined -17,000 to 202,000, a tie for the 2nd lowest number in 10 months. The four week average declined -7,750 to 213,250. With the usual one week delay, continuing […]