I am not going to put the entire detail of the Economic Impact under both presidents up at Angry Bear. It is just too much. You can read it at the link. Snippets of information are below. MSN does not provide the charts which are in the WaPo’s article. If you have a subscription, you […]
I have used SWI SwissInfo.ch for information a number of times in the past having gained approval to do so from time to time. Management had changed and I had to ask for permission to use their articles again. They were gracious enough to allow Angry Bear the opportunity to rebroadcast their reports in the […]
Yves Smith at Naked Capitalism posted this Yale Climate Connections commentary on vehicle speeds impacting urban climates. Where I live in AZ, speed limits, stop signs, and stop lights are just suggestions. They are not followed religiously and the accidents are often tragic. Quite a few crosses marking accident spots line the highway out of […]
Brad DeLong asked me if I had an explanation of how the US economy managed to land softly. He is confident that it is softly landing. This encourages me to actually try to do my job for once and act as a macroeconomist, and also to return to blogging here some. In the spirit of […]
More economic news an d this time new single family housing. Completing the housing market picture for November, sales decline bigly, and prices remain down YoY – by New Deal democrat Our final important pre-year end release was also the final item of housing data for the month, new home sales. To reiterate, the […]
It appears there will be no layoffs pre-Christmas and Christmas. After Christmas, the delays in implementing EVs at GM will result in layoffs in Michigan. A holly jolly holiday season for initial jobless claims – by New Deal democrat Initial jobless claims rose 2,000 last week to 205,000, while the four-week average declined -1,500 to […]
In my lingo, existing home sales still down and mortgage rates for new homes still high. Builders are doing what they can do to encourage sales. New Deal democrat gives a clearer view and a hint of an outcome. Read on . . . Existing home sales try to find a bottom, while severe bifurcation […]
Housing under construction continues to levitate – by New Deal democrat Although they aren’t the most leading of housing metrics, because of supply-chain issues during the pandemic, housing units under construction has been the most important one, because they represent the actual economic activity of construction. With the exception of 2001, which was an investment-led […]
Have wages “really” increased since before the pandemic? – by New Deal democrat All of the remaining 2023 data – housing sales and construction, and personal income and spending, as well as the Index of Leading Indicators – will be reported this week. After Christmas, only initial claims will be reported next week. Today there […]
Bruce Webb introduced the Social Security Northwest Plan in 2009. He credited Arne and Dale as co-authors. The NW Plan only increases payroll taxes if increases are needed. For years before 2009 Bruce had confidence that forecasts were too pessimistic, but he was convinced by Arne to consider a plan that included triggers. Arne’s solution […]