Are these people crazy? Steve Roth Wealth Economics This BlueSky bleet really raised my eyebrows. Check out the whole thread. I think my gentle readers will guess that I share these sentiments. But the thing that raised my eyebrows was the explicit suggestion that we should lower national productivity. Many economists would see that as economic insanity […]
The judges are ‘sounding the alarm’ over Supreme Court’s overuse of the shadow docket. Somebody *had* to say it. – Kathryn Rubino “In A Bold Move, Federal Judges Are Calling Out The Supreme Court’s Bullsh*t,” Above the Law There’s a pretty clear hierarchy in the federal judiciary, with the nine justices on the Supreme Court […]
– by New Deal democrat The regional Fed August indexes, including both manufacturing and general business activity, rebounded sharply, telegraphing that a rebound was also likely in the ISM indexes. On Tuesday, the ISM manufacturing index rose slightly. This morning the ISM services index increased sharply. To wit, the headline number increased to 52.0, while the […]
You’d think a guy who led four casinos into bankruptcy would understand the business of entertainment, right? “Ticket sales at the Kennedy Center have continued to plummet following Donald Trump’s takeover of Washington DC’s premier performing arts venue, with the prestigious Stuttgart Ballet expected to dance next month to houses less than 20% full.” There’s […]
Hmmm. I read this and wonder what should veterans do if the Government is spending more money? Since the sixties, many of us were exposed to chemical warfare in Vietnam. drank the polluted water at Camp Lejeune, were wounded in action or lost limbs, suffered mentally, and had a difficult time adjusting to society. The […]
Following up on Joel’s earlier commentary on Jobs. Maybe messing with tariffs is not producing the results Trump and the Repubs had in mind? A revision of numbers on Jobs report. “It is difficult to isolate the exact causes of this slowdown, but it’s safe to say that this administration’s policies (like tariffs) have not […]
A more detailed Jobs Report analysis by New Deal democrat. New Deal democrat was in Phoenix a while back. He let me know and we were able to meet at the Pomo Pizzeria on 1st Street. Great place to meet a friend or take your wife. The crowd is casual in dress. Good pizza too! […]
Trump fired BLS Commissioner Erika McEntarfer after a jobs report signaled a slowing jobs market, and larger-than-normal revisions for the previous two months suggested a more significant economic downturn could be anticipated. Trump’s reasoning appears to be that the BLS commissioner’s reports can create jobs, just like the rooster crows to create the dawn. Realty […]
Quite a few people are ignoring or are refusing to get shots to prevent things such as measles, covid, etc. They have identified this as vaccine hesitancy. The term describes anyone who is doubtful about vaccinations or who chooses to delay or refuse immunizations even when they are readily available. The reasoning can be Religion, […]
– by New Deal democrat In the last few weeks, there has been speculation that jobless claims may have been affected by the jihad against immigrants, the theory being enough were being deported or else were simply afraid to report to work that the number of jobless claims was held down. But I suspected it might […]