The embolden part is emphasis by Thom and not by myself. This does make sense in that employers are sharp enough to know they can cut wages so as to profit from what is paid to Labor through government aid to it. It becomes a trade off with government assistance trade off to company labor […]

Brief rundown on how manufacturing has evolved over the past 40 years. Moving from solely Labor to less Labor at a higher value. One worker at a CNC machine can do the manufacturing of multiple workers at separate stations performing one or two functions. Lower Labor cost, faster throughput, and a promise of less inventory […]

Years ago, I was course director for a first-year medical school course on genetics and molecular biology. I was and am still an enthusiast for problem-based learning (PBL). Together with an MD colleague, I wrote up a case on hereditary deafness. It was through this process that I learned about deaf culture and the conflicts […]

 – by New Deal democrat As I’ve reiterated several times this month, the two items of information I am paying the most attention to in the absence of official federal economic data are the Regional Fed Banks and the ISM, for both of their manufacturing and services reports. I should add that earlier this week […]

Ladies and gentlemen, your GOP nanny state: “House Republicans are exploring ways to prevent Zohran Mamdani from ever being sworn in as mayor even if he prevails in Tuesday’s election by using the Constitution’s “insurrection clause,” The Post has learned. “The New York Young Republican Club is pushing to prevent the NYC mayoral frontrunner from […]

 – by New Deal democrat With the shutdown of almost all economic statistics from the federal government, one of the most important remaining sources is the Fed and its regional banks. All 5 of them that publish manufacturing and services reports have now done so. Which means that we have a decent placeholder proxy for […]

Keep in mind much of the issue during the last four years pre-Tru_p was the result of Covid and the stimulus packages put in place to help Americans. Many companies took advantage of government loans which were later forgiven. Others took advantage of a Covid economy by increasing prices in various manner such as packaging. […]

I have been looking around for more information, accurate information on the forthcoming increases in ACA healthcare insurance costs. I have yet to find something accurate. There is a lot of speculation or forecasting. Nothing solid right now. Best place to read (I read him also) is Charles Gaba @ ACA Signups. ~~~~~~~ Republicans blame […]

Much of this might not be so bad if Tru_p had any taste for architecture. I suspect the Beverly Hill Billies might have better architectural taste than our president. Probably best to get used to it and correct it after he is gone. ~~~~~~~ “I Asked My Cellphone Service Provider T-Mobile What the Deal Was […]

I voted for Obama both times. I don’t regret that at all. I think he was among our better presidents, although that’s a pretty low bar. One of the things I fault him for is that he didn’t do much to build the party he led. Looks like I’m not alone. From a paywalled CNN […]