Relevant and even prescient commentary on news, politics and the economy.

Procurement of big ticket items

Follow up to the US military ‘procurement and research’ increases post: $25 billion for the first new aircraft carrier, $9 billion for per for another one or two each. Aircraft Builders Compete for Air Force Tanker Contract Again 24/7 Wall St.: Maybe the third time will be the charm. Today marks the closing date for […]

Relative employment is shifting

Today Statistics Canada released impressive June employment figures from its Labour Force Survey (LFS). In case you missed it, the April gains, +109,000 new jobs, set a record. And the June gains, +93,000, were nearly as spectacular. (Note: the unemployment rate for Canada in the chart to the left is through May, not June)Canada’s labor […]

…and thereby improving our exports.

by Stormylifted from an e-mail –and thereby improving our exports. Some background: Presently, Colombia enjoys a healthy trade surplus with the U.S. “Colombia’s biggest surpluses in the January-April period were with the U.S., at $2.325 billion, and with the Netherlands, at $425 million.” Colombia also is actively promoting its sourcing capabilities: “Colombia’s IT sector already […]

www.HealthCare.gov

I am late to the news, but so far reported on healthcare law implementation: 1. www.HealthCare.gov, a new online portal where anyone can go to find insurance options in their state, went live. It’s a very handy resource for information that used to be difficult to find. It’s available to help millions who need insurance […]

CORPORATE CASH HOLDINGS

Recently there has been a claim that corporations are holding large sums of cash rather than investing it because they are fearful of Obama’s “socialist policies”. But if you compare corporate retained earnings to the GDP GAP lagged one year it looks like the debate should be over why corporations are investing so much. This […]

Nursing Home Regulatory Fiasco – PART I

by Tom aka Rusty NURSING HOME REGULATORY FIASCO – PART I Nursing homes are subject to a two part interactive regulatory system (plus several others) used to calculate certain reimbursement levels. The Minimum Data Set 2.0 (MDS) is a clinical reporting system that is supposed to improve care by having nurses do more paperwork (more […]

Women and participation in labor force

Nancy Folbre economist at UMass Amherst speaks to the issue of the participation of women in our economy: Paradoxically, however, the very expansion of paid employment and the success of feminism have weakened gender solidarity. They have also intensified inequalities in family living standards. Relatively few women in the workplace have made it into Ms. […]

Procurement and research are in the ‘gaining’ portion of the budget

Hat tip reader ilsm for this article by Tony Capaccio, Bloomberg News, Bloomberg.com July 6, 2010 U.S. spending on weapons through 2016 likely will grow faster than the overall defense budget, which will have annual increases of only about 1 percent above inflation, according to Pentagon Comptroller Robert Hale. “Our goal would be to get […]

$40,000 civil penalty, class D felony

Deep Horizon Response Unified Command website has the following announcement: NEW ORLEANS – The Captains of the Port for Morgan City, La., New Orleans, La., and Mobile, Ala. , under the authority of the Ports and Waterways Safety Act, has established a 20- meter safety zone surrounding all Deepwater Horizon booming operations and oil response […]