The Revolutionary Post Winifred Gallagher, author of How the Post Office Created America: A History, argues that the post office is not simply an inexpensive way to send a letter. The service was designed to unite a bunch of disparate towns and people under one flag, and in doing so, she believes the post office […]
Which came first, the chicken or the egg? That’s easy, First, there had to be a market. Without a market, no matter how good the idea, how well capitalized the enterprise, how competent the management team, or how skilled the workforce; there can be no business. So, where do markets come from? Markets seem to […]
August jobs report: continued slow incremental progress HEADLINES: 1,371,000 million jobs gained. The gains since May total about 48% of the 22.1 million job losses in March and April. The alternate and more volatile measure in the household report was 3,756,000 jobs gained, which factors into the unemployment and underemployment rates below. U3 unemployment rate […]
Initial and continuing claims: very slow “less worse” progress continues The continued good news in this Thursday morning’s jobless claims report is that the trend of “less worse” news is intact. But the improvement has slowed dramatically and is still at a level of about 150,000 higher than the worst weekly levels of the […]
Should We Fear A Reappearance Of Inflation? In today’s Washington Post Robert J. Samuelson has raised the possibility that the Federal Reserve may be setting the US up for a reappearance of inflation. He invoked the 1960s and 1970s when supposedly the Fed allowed inflation to get out of control out of a supposedly misguided […]
PMG Louis DeJoy’s Fix for the Post Office, Mark Jamison, Save The Post Office, Aug. 29, 2020 After years of being a journalistic backwater the Postal Service is all over the news. From the usual contextually vacant reports about financial losses, we shifted to meaty and sometimes sensational coverage about the removal of Blue collections […]
It is said the Postal Service is mired in debt, that it is unsustainable, a burden to the American people. This is the position of the current postmaster general, supported by the board of governors who hired him and by a treasury secretary who seems to be the chief architect of the current assault on […]
“Looting is a natural response to the unnatural and inhuman society of commodity abundance.” — Guy Debord, “The Decline and Fall of the Spectacle-Commodity Economy.” The photograph used in Andy Warhol’s 1964 print, “Race Riot” was taken by Charles Moore and was published in LIFE magazine in May of 1963. Warhol used it without permission […]
by New Deal democrat The long leading forecast for H1 2021 at Seeking Alpha It’s been a long time since I “officially” updated my primary set of long leading indicators, mainly because until it is brought under control the coronavirus pandemic renders other indicators moot. But that is likely to change by sometime in spring […]
The Post Office is Trump’s responsibility. He appointed the Postmaster General. If he had asked for more funding, he would have gotten it. If there is any delay in delivering ballots this November, it’s on Trump. The integrity of the election is on Trump. He runs the intelligence services and is responsible for preventing foreign […]