Combat Nativism and Make America the Most Welcoming Country in the World Some findings from the Roosevelt Institute: “New report: Combat Nativism and Make America the Most Welcoming Country in the World” – Roosevelt Institute In 2020, natural disasters forced more than 30 million people to migrate across the globe. by 2050, climate change impacts […]
by New Deal democrat Weekly Indicators for September 5 – 9 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While interest rates continue to rise, gas prices have continued to fall, giving consumers a second wind. As usual, clicking over and reading will bring you up to the virtual moment, and reward […]
“Will The Iran Nuclear Deal Ever Get Reestablished?,” Econospeak It (Iran Nuclear Deal) keeps looking like it might, but then no obstacles have appeared yet. President Biden promised to undo what I have long argued was the worst foreign policy mistake made by Donald Trump. He should have just done it right after he took […]
An update on oil and gas prices – by New Deal democrat After stabilizing in the $87-$94 range for a little over a month, oil prices have declined further in the past several days. As of this morning they were in the $82/barrel range. The YTD graph via CNBC below shows that they have now […]
The spending transition from goods to services – by New Deal democrat Today is the last day for a very light economic week of news. One item worth addressing is the relative state of consumer purchases of goods vs. services in this pandemic recovery, because it appears to be unique. Let’s start with the ISM […]
Another week of good news on jobless claims – by New Deal democrat Initial jobless claims had been in an almost relentless uptrend from the end of March through early August. Since then, they have completely reversed. This week initial claims declined another -6,000 to 222,000, and the 4 week average declined -7,500 to 233,000. […]
The average age of the American farmer has been stuck at 57.5 since 2017 and hasn’t seemed to budged into 2021 despite an explosion of new farmer operators choosing to quit their pandemic day jobs and head for the fields to participate in small plot farming and local market vending. Generationally, the unfortunate circumstance with […]
by Joseph Joyce China and the Debt Crisis Sri Lanka is not the first developing economy to default on its foreign debt, and certainly won’t be the last. The Economist has identified 53 countries as most vulnerable to a combination of “heavy debt burdens, slowing global growth and tightening financial conditions.” The response of China to what will be […]
As usual, what I found in My In-Box. Things I would like to write, have barely enough time to read, and pass them on to AB readers. Nothing here on the present battle between the DoJ and a neophyte Federal judge who lacks broad based experience as a federal prosecutor and in civil trials. I […]
If I was going to guess, and I do not have to do so, it appears the US is retooling to update capabilities. Maybe they will put forth a plan to minimize inventory too. The source of all this retooling? Probably using up the money made during the pandemic and also government funds invested in […]