– by New Deal democrat With this week’s inflation report for April, we can update several measures of the real economic status of average American workers, as well as their forecast for further job and economic gains. First, here is real average hourly wages for nonsupervisory workers. In April, nominal average wages increased 0.2%. Since […]
George Early and I have exchanged emails for a while. I am having some issues and he directed me to Veterans Outreach. Where, Paul Sullivan has been a big help in directing me on how to work with the VA for these issues. The only thing I can not beat is the purposeful understaffing at […]
I was a graduate student in a STEM program when Reagan was elected and the Laffer curve was used to justify tax cuts. The problem that immediately stood out to me at the time was that neither the ordinate nor the abscissa in the Laffer graph had scales, so it was impossible to assess where, […]
– by New Deal democrat This morning, I pointed out that manufacturing production is -1.8% below its 2022 high and may be in a slightly declining trend. Which means that added attention has to be paid to whether the other leading production sector, construction, is holding up. Instead, this morning brought the first sustained evidence […]
Steve Hutkins again addressing the implementation of the DeJoy system in Georgia. Supervisory competency came up in a message to the PRC. There has always been a give and take between management and labor. In this instance, managements probably have the same labor experience as what present labor has. If that is not the issue, […]
I will probably add a topic of my own choice. you do bot have to follow it.
Keep in mind, the chart we presented a while back, a comparison of how healthcare expenses compare to GDP or take of GDP to pay for it. Still less than 18%. What you are looking at is a finer breakdown of the healthcare costs. What do we want to improve? Healthcare spending in the U.S. […]
– by New Deal democrat The Bonddad Blog Here is today’s update on one of my favorite indicators: retail sales. In April they were unchanged on a nominal basis. Adjusted for inflation they declined -0.3% for the month. They are also down -6.2% from their 2021 peak and -2.9% since January 2023: On a YoY basis, they […]
The good news is electricity productivity is up. Natural gas is fueling the productivity increase in the Americas while its usage decreased globally. Coal usage is down. Too bad Manchin did not move West Virginia to better economics. Fossil fuels are still a large part of the production of electricity. In February 2024, the total […]
AB: For years, Clarence sat in silence and did not say much. It was only when Roberts took over, did he begin to make his mark as a justice. He will probably be remembered as one of the worst appointments to SCOTUS. Before his appointment, he told a story about dependency on welfare. Thomas opposed […]