In March, 2022, Pew Research released a study showing that in 2020, 23% of Americans spent more than half their income on rent. Since then, rents in most parts of the country have gone up 16% (because they could). Safe to say, the income of those 23% did not go up 16%. Rent increases play […]
Despite sharp rebounds in retail sales and manufacturing production, both metrics are on the cusp of being recessionary – by New Deal democrat Retail sales for January rose strongly in January,up 30% in nominal terms and up 2.4% after accounting for inflation. While that looks great, it only reverses the two downward readings of November […]
I believe Ford reported $2.2 billion in losses in 2022 writing down the value of two big investments, struggling with high costs, and also supply chain problems. In 2023, there is still going to be volatility on chips, On the older chips used in the auto industry, there is still capacity constraint.” I also can’t […]
Measured by actual rather than fictitious prices, inflation is decelerating substantially towards the Fed target ADDENDUM: the huge impact of shelter – by New Deal democrat For the last year, consumer prices have mainly been about two things: (1) the huge rise, and then fall, in gas prices; and (2) the phantom menace of owner’s […]
“This will be a national story for about 48 hours. Those folks will swoop in, leave and move on. It’ll be an MSU story, part of our community story, forever. And, for some, a new fear and a loss of peace will be part of it.“ After the 48 hours passes? Similar to the other […]
I saw the announcement up at Infidel753 Blog in his Link Roundup for February 12th. I am using Railway Age for the news of the settlement between CSX and the Brotherhood of Maintenance of Way Employes Division (BMWED) and the Brotherhood of Railway Carmen (BRC) on February 7. On February 10, the International Association of […]
The #1 likely reason I suspect the economy has not gone into recession yet – by New Deal democrat I’ve been reading increasing talk about the fabled “soft landing,” or alternatively, “rolling recession.” For example, over the weekend Liz Ann Sonders of Schwab told “Wall Street Week” that housing is already in a recession, but […]
As Economist David Zetland states, “I’m a political-economist from California who now lives in Amsterdam.” AB: I passed through Amsterdam a few times on my way to Germany. Not a huge fan of the airport. I wish I had the chance to explore the country a bit more like I did other parts of Europe. […]
An introduction to how the CDC views firearm safety, firearm violence prevention, definitions, and some numbers to think about. More Detail. It is not an attack on your ownership of a bullet-spewing-weapon. It is a recital of what they are seeing from the numbers reported. Owning a firearm has an obligation; to ensure its safe […]