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

Biden’s high-tech problem in Michigan

Hemlock Semiconductor continues as an independently run entity with two shareholders: Corning Inc. owns 80.5%, and Shin-Etsu Chemical owns 19.5%. Hemlock specializing in specialty glass, ceramics, and related materials and technologies used in semiconductors. Biden has a high-tech problem in Michigan, Christine Mui, Politico, 02/20/2024 Some Information Corning Incorporated is an American multinational technology company specializing in specialty glass,  ceramics, and […]

Perceptions of inflation vs. wage growth: why the divergence?

WEDNESDAY, FEBRUARY 21, 2024 Perceptions of inflation vs. wage growth: why the divergence?  – by New Deal democrat My recent travels included visits to cousins and their children on both sides of my family. Without any prompting from me, inevitably the table talk turned to the state of the economy. Rather than Bigfoot the opinions […]

Asymptotically we Will all be Dead

This will be a long boring post amplifying on my slogan “asymptotically we will all be dead.” I assert that asymptotic theory and asymptotic approximations have nothing useful to contribute to the study of statistics. I therefore reject that vast bul of mathematical statistics as absolutely worthless. To stress the positive, I think useful work […]

Struggling to Boost Chile’s Meager Pensions

Gabriel Boric Is Struggling to Boost Chile’s Meager Pensions, Jacobin, Phineas Ruekert. Dale Coberly on Social Security: Not so long ago (2003) the Liars who want to destroy Social Security in America were bragging about the privatized pension system adopted by Chile.  Many of those liars commented on my posts on AB.  Here is an […]

Data shows anti-union ‘right-to-work’ laws damage state economies

I believe Angry Bear has touched upon Right to Work several times now; here, here, and now today. This brief touches upon RTW laws damaging state economies. Data show anti-union ‘right-to-work’ laws damage state economies: As Michigan’s repeal takes effect, New Hampshire should continue to reject ‘right-to-work’ legislation, Economic Policy Institute, Jennifer Sherer and Elise […]

Vaccination works

Other than among Jehovah’s Witnesses, vaccination rightly gained widespread trust and acceptance in America. Inoculation against smallpox was around for hundreds of years before Jenner described the eponymous vaccine. Polio was a scourge in the US through the 1950s until it was virtually eliminated by vaccination. Many deadly diseases like whooping cough and measles were […]

New Deal democrats Weekly Indicators for February 12-16 2024

Weekly Indicators for February 12 – 16 at Seeking Alpha  – by New Deal democrat I am back from my travels, so it’s time to catch up. There’s no significant economic news until tomorrow, but in the meantime I neglected to link to my weekly high frequency indicator wrap-up, which was posted at Seeking Alpha. As usual, […]