Robert’s proposal as to what should be in presidential candidate Kamal Harris’s future goals for the nation and its citizens. They are good targets. The issue being whether she can convince a Congress these are worthy to pursue regardless of politics. The key to what should be (and hopefully will be) Kamalanomics by Robert Reich […]
by Rafael Nam NPR The American dollar has been soaring this year relative to most currencies in the world. That’s providing a lot of benefits to Americans — but it’s also creating a lot of pain. The strong dollar brings a number of advantages. It reinforces America’s economic dominance and it helps reduce inflation by […]
I just heard an advertisement for Kamala Harris in which she said she would raise taxes on the rich and cut taxes for the middle class. I was pleased. I note the empirical fact that, in years when the income tax is constitutional yet the top marginal tax rate is below 69%, nonincumbent Democrats are […]
by Bill McBride Calculated Risk Newsletter Intro: Former Angry Bear writer Bill McBribe taking up the issues of Mortgage Delinquency, Foreclosures, and Real Estate Owned (REO) foreclosed housing. The value of which decreased in the second quarter to (what Bill calls) a historically low total. Read on. We will NOT see a surge in foreclosures that would […]
Usually, listeria contamination comes from poor cleanup after a “lot-size” of a product is complete. It thrives in a moist, colder environment. Lunch meat, hot dog, sausage etc, manufacturing environment can be prone to having listeria contamination. After a lot or a shift is complete, the machines and the rooms have to be cleaned. The […]
More on Kroger push to merge Albertsons into its array of stores. This comes after Appollo Funds and Cerberus Capital Management have milked it for $billions. The $24.6 billion deal [1], largely benefiting Albertson’s private equity owner Cerberus Capital Management, is seen by many as a maneuver to maximize investor returns rather than to provide […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The imminent likelihood of a Fed rate cut has continued to drive rates down to new 12-month lows (which is good for things like mortgages in particular). Meanwhile consumer spending as measured weekly is also near 12 month highs, which is also […]
by Dean Baker CEPR The effort to bring back manufacturing jobs has been a major theme in the 2024 election. Both parties say they consider this a high priority for the next administration. However, there is a notable difference in that the Biden-Harris administration has actively supported an increase in unionization, while the Republicans have […]
IN 2020 the US homicide rate increased by 29% the largest percent increase on record. There are different theories of the cause. Some are related to Covid 19 with isolation (not lockdowns there were not lockdowns in the USA) causing increased stress and domestic disputes. The George Floyd associated conflict between police and those they […]
Labor market remains strong. Even so, the Fed should cut rates in September (EPI) Two things are true right now for the U.S. economy: These might strike some as being in tension, normally we want the Fed to cut interest rates to stimulate a weak economy. Why then, if the labor market is quite strong, […]