– by New Deal democrat The Quarterly Census of Employment and Wages (QCEW) is “the gold standard of US employment measures. It is an actual census of 95%+ of all employers, who must report new employees for purposes like unemployment and disability benefits. Because of this, it is used for the final revisions, a/k/a bench-marks, for monthly […]
Our Republic is in great peril. The democracy so proudly brought forth hangs in the balance. The ever-so critical upcoming midterms won’t be Democrats vs. Republicans; they will be we the people vs. them, democracy vs. autocracy and fascism. Will be even more so if we make it to the 2028 elections (a huge if). […]
USA Facts asks the question, “Are wages keeping up with inflation?” It answers the quest and then provides the data to support its contention. Saying “Yes. From January 2025 to January 2026, wages grew 1.9 percentage points faster than inflation.” When you are listening to the news or reading an article in one of the […]
Commentary by Erica York at the Tax Foundation on the pass-through impact of tariffs on pricing in the United States. The other possibility is companies may they eat it for a short period of time and maybe pass it through later in the time-table. The idea being the United States may later drop the tariff […]
– by New Deal democrat So, first some bad news: my tech issue has resurfaced, so only links to graphs rather than graphs themselves, hopefully just for a day or two. Basically, unless I keep a bar up open to the blog page, Google and Apple sever their “handshake,” and I have to start from […]
I pulled this bullet point information from Josh Bivens piece on the Economic Policy Institute: “The Trump administration’s macroeconomic agenda harms affordability and raises inequality,” Economic Policy Institute. Graph showing the difference in return over 40 years versus Trump’s tax break for the wealthy in one year. It is the same return. It is interesting […]
Ran across this at the Brooking site. There are more issues we should be watching. These are the five I consider to be the most important. I did not include everything for each topic. There is more information to be read which will flesh out each issue. On healthcare also, expect 20 million people to […]
With Trump’s attacks on the Middle East (Iran, we can expect higher prices for oil and more than likely lower inventory. Trump has signaled that the war in Iran could last four to five weeks—or go “far longer.” If tensions in the region continue, it could cause major disruptions to global energy markets and trigger widespread inflation. As […]
Some of the latest oil news from Oil Price, March 6, 2027 March 6. 2026: Brent tops $90 as the Strait of Hormuz closure halts Gulf oil flows and Iraq and Kuwait begin cutting output, fueling fears of a sharper price surge. “Oil Prices Hit $90 as Middle East Tensions Escalate,” Julianne Geiger, OIl Price, […]
February jobs report: Main Street lays an egg – by New Deal democrat I described last month as “the month the birds came home to roost. . . . In particular, the *entire* gains over the past year were reduced from 584,000 to 181,000 – an average of only 15,000 jobs gained per month.” Well, this […]