The GAO has a report on quality control of high risk devices (pacemakers for example) for US manufactured and foriegn made. The report also mentions dilemmas faced in drug manufacture from another report done last November on the issue of quality control for all drug manufacturing. A simple adage to remember is that “the quality […]
…in the course of responding to a linked Fallows piece in theAtlantic in comments at Ezra’s I ran across a very intriguing chartfrom Treasury Fallows was putting out the standard line: We buy toys from China,China turns around and finances our deficit, ultimate end resulttrainwreck. Well oddly enough the numbers don’t support that at leastfor […]
Paul Craig Roberts [former US Assistant Secretary of the Treasury; co-author (with Lawrence Stratton) of The Tyranny of Good Intentions]: writes The only case the DOJ was able to manufacture against Padilla was that he was a “terrorist-wannabe.” Padilla was thus indicted on the Benthamite grounds that he might commit a terrorist act in the […]
The NBER committee that officially determines the dates for recessions has a few favorite, or key indicators that it gives much more weight. One of the indicators is real manufacturing and trade sales. Not many people pay much attention to it because it does not have its own press release and wall street traders do […]
The other big economic report Friday came through late in the afternoon and did not get much attention. But it was also discouraging. Auto sales fell from 16.3 M (SAAR) in December to 15.2 M (SAAR) in January. So we are starting the first quarter with a sharp drop in both employment and demand.
Nothing in the report is encouraging. Moreover, wage growth continues to weaken.
Hi folks. I have the basic shell and template set up for AB, including our colors. I have the beginning link categories, a link in each, and the start of putting in more widgets. The corners will be fixed at the end of the process. There are “mistakes” in that I was inserting data to […]
The Tax Foundation breaks down data as to who does not pay federal income taxes. I suggest that those who skim the surface of statistics about who pays not assume their point is made and a moral laid on the table by simply quoting 1% pays X. Age: While the zero-tax tax filers tend to […]
The New England Journal of Medicine provides a look at the future of generics here: Today, generic drugs account for 63% of all U.S. prescriptions for drugs (see Figure 1). Since generic drugs sell at substantially lower prices than their brand-name counterparts, they save consumers and purchasers of prescription drugs tens of billions of dollars […]
The foreclosure crisis for some cities like Cleveland is a tsunami of 16,000 homes. Some communities have a foreclosed house or two on every block. There a lot of links to other cities as well if you google. What I see that has not been discussed is what happens when the problem becomes large enough […]