Bit of history for you. Major General Smedley Butler (1881–1940) was a U.S. Marine Corps officer known as the most decorated Marine in American history at the time of his death. He earned 16 medals (including two Medals of Honor) for separate acts of heroism. If you serve in the Corps, I am sure you […]
– by New Deal democrat The most positive metric in all of economic metric-dom continues to be very positive. Initial jobless claims rose 10,000 to 200,000 last week, still among the lowest readings over the entire past 50+ years. The four week moving average declined -4,250 to 203,250, also among the lowest in the past […]
A typical administrative response to financial difficulty in large organizations is to hire consultants. The theory is that the expertise of consultants will uncover efficiencies that will (a) relieve the difficulties and (b) repay the investment in the consultants. So how’s that working out for American nonprofit hospitals, many of which struggling and threatened with […]
– by New Deal democrat New home sales, which were finally updated yesterday for March (and so still are about three weeks behind their regular schedule now 6 months after the end of the government shutdown!) are perhaps the most leading of all indicators for housing, itself a long leading indicator. In fact, they are […]
The old cut taxes for the wealthy and we will have a better economy which will benefit those in the lower income brackets. The recently passed bill passed by Trump and Republicans creates a deficit in which case many in Congress will be looking for ways to alleviate such. Cuts in programs is one way […]
– by New Deal democrat The JOLTS report is low on my list of useful tools, but it does break down the labor market further than the jobs report, and it does have several slightly leading components, so let’s at least take a brief look at this series, which *finally* was updated to its normal […]
Secretary Rollins was trying to convince Americans they could survive on $3 a meal, which included “a piece of chicken, a piece of broccoli [and] a corn tortilla.” AB: I do not know about you, that would be a tough go for me. Think about a McDonald’s burger and fries for $3? Such meals are […]
The mean part of this is the politics in the decrease of SNAP to people who obviously need it and who go through a qualification program. For example, in AZ this is the start of the Qualification Process: As you can see to the right, the initial page of the registration is detailed in asking […]
I get weary of listening to the constant blame game of Biden did this or that and we were paying for it in this presidency, A convenient way for Trump to hide and Republicans to blame the past presidency. It is B.S. “The post-pandemic recovery is an economic policy success story: Policymakers took the best […]
This decrease has been a long time coming. In 2006. population growth was at breakeven. I documented this in “population is growing at the rate of almost 1 percent per year, Angry Bear. Joel Garreau wrote the article in Smithsonian “300 Million and Counting” and It was in 2006 when the United States was at […]