I was not surprised to learn that conservatives assert that the recent increase in the growth of employment and reduction in unemployment are due to the failure to extend extended unemployment insurance. The headline labor force statistics have changed in the direction they predicted. Steve Benen noted the argument and linked to counter arguments by […]
The title of the article is “Abused elephant rescued by Wildlife S.O.S.” The caption under the picture of the elderly elephant with tears streaming from his eyes reads “Raju cried as he was freed from 50 years of cruelty; he was delivered to freedom to the Elephant Conservation and Care Centre at Mathura, India.” The […]
David Weidner wrote an article today called, Dow 17,000 is on the wrong side of history. It is a must read. Here is a brief recap… “But more than any modern bull market, this one stands alone in that it’s squarely out of step with economic growth. It’s being driven higher by just a few […]
I’m on roughly a zillion animal welfare organization email lists, and I received an email this morning, with a pic of a baby polar bear, from the Environmental Defense Fund, announcing a three-day extension, until midnight tonight, of two charitable trusts’ matching of donations–one a tripling, the other a doubling. I thought I’d pass along […]
The NPR radio show “Market Place” did an interview with President Obama last week. As they do in such interviews he was asked to describe his job in 5 words or less. This is what President Obama stated: My job is to: Keep the American people safe and to create a platform for hard working people to succeed. […]
by Sandwichman at Econospeak Stinting and saving… without stint or shirk! ‘Tis work, work, work, without stint or shirk. Till the world of his wares is full; This worker, I trow, we all of us know, And his name it is John Bull. —- “Oh, then,” cried the lad, “where’s the good, I should like […]
Paul Krugman is making a case that asset prices are not high once you realize that interest rates are not artificially low. So why are interest rates not artificially low? He states… “Once you accept the possibility that rates belong where they are, or even a bit lower, to correspond to the Wicksellian natural rate, […]
by Joseph Joyce China’s Outward FDI According to the United Nations Conference on Trade and Development’s latest World Investment Report Overview 2014, Foreign Direct Investment inflows to China reached $124 billion last year, while outflows rose to $101 billion. The Report anticipates that outflows will surpass inflows within the next few years, changing China from […]
Reduction in face to face services Summary–Don’t worry, people! We not going to take away all your local SSA offices. Perish the thought! We’re just going to “consolidate” some to provide “better service.” Any thought given to asking for more money to keep current system and improve it? Naw, wouldn’t want to raise anyone in […]