Throughout history, there have been times when some human minds shone brilliant lighting the way forward for us all. For much of time, their light could be said to be enough. Never omniscient, but enough. At these times, these big minds saw far enough ahead to lead us forward. Along the way, our world has […]

Reader Dan – On Water – Angry Bear According to a University of Arizona researcher, “society is losing $2.4 billion per year because the Colorado River’s water” no longer flows all the way to the Gulf of California. ~~~~~~~~ And that problem, still exists today as states argue about Colorado River water rights and keep […]

Weekly Indicators for December 4 – 8 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The coincident data keeps getting better and better, while interest rates remain very negative. The question, as it has been for months, is whether those interest rates finally case the short leading […]

This makes sense unless you want to hang around the airport for a while to catch another flight to Cleveland or Toledo. If you are observant, there is another route into Canada. All that is missing is an express to Chicago. Amtrak proposal would link Detroit, DTW, Toledo, Cleveland | Crain’s Detroit Business, crainsdetroit.com, Anna […]

Toward the end of a very interesting and worthwhile conversation about how right-wing “populism” co-opts righteous anger at established institutions, Vincent Bevins asked Naomi Klein how she would counter that co-optation. Her answer was to advocate a “real left that has a political program that is actually redistributive,” which sounds good until you realize that […]

November jobs report: signs of considerable strength, but warning signs of considerable weakness as well  – by New Deal democrat Yesterday I wrote that “In tomorrow’s jobs report, my focus will be on whether the data is most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration has been continuing;” and more […]

Initial claims continue to forecast expansion; further slight deceleration in employment, unemployment, and wages most likely tomorrow  – by New Deal democrat This morning we had our last look at initial jobless claims before tomorrow’s November jobs report. On a weekly basis, claims rose 1,000 to 221,000. The four week average rose 500 to 220,750. […]

Manufacturing’s shift out of China is shaking up shipping, qz.com), Mary Hui AB: This is kind of along the lines of what I was involved in with manufacturing overseas and moving components to various countries from the US. We would plan the necessary materials to a planned ship date. We would ship to Thailand, Philippines, […]

What is interesting about NDd’s latest is his identifying manufacturing playing “a much smaller role in the total US economy now than it used to in the decades after WW2.” He identifies another factor occurring before the start of a recession. It has become increasingly necessary for spending on services to falter as well. Real […]

October JOLTS report: yet one more month in the ongoing decelerating trend  – by New Deal democrat  All of the major metrics in this month’s JOLTS report for October continued to show deceleration. Here are openings (blue), hires (red), and quits (gold), all normed to 100 just before the pandemic: As you can see, at […]