Open Thread January 6, 2023
Open thread Dec. 30, 2022, Angry Bear, angry bear blog
Ukraine updates
Ukraine is getting much more advanced offensive weapons . . . This seems to mark a major shift, a commitment to helping Ukraine go on offense and win. Open questions . . . How far will Ukraine’s partners go? Infantry fighting vehicles today, maybe tanks, ATACMs, planes, etc. tomorrow? How big a threat is the […]
The ten most important events of 2022
Infidel753: The ten most important events of 2022, Infidel753 Blog 1. The Ukraine war. It’s sometimes hard to judge which event ranks most important in a given year, but this time, there was no question. Putin’s invasion of Ukraine showed that his regime aspires to territorial expansion by crude, naked military force, a throwback to the pre-1945 […]
New Mfg orders both decline further, to readings even more on the cusp of recession
December manufacturing, new orders both decline further, to readings even more on the cusp of recession – by New Deal democrat I described last month’s ISM manufacturing reading as being one “on the cusp of recession.” Well, this month’s reading was even cusp-ier. To recapitulate, this index has a very long and reliable history. Going back […]
New jobless claims will end 2022 on a positive note
New jobless claims end 2022 on a positive note; preview of tomorrow’s jobs report – by New Deal democrat Initial claims started off the year – or ended last year if you are technical about it – on a positive note, declining 19,000 to a 3-month low of 204,000. The more important 4 week moving […]
Insanity is doing the same thing over and over and hoping for a different result. Apparently no one has mentioned this to Republican congressional “leadership”.
The Republicans have no good options as they cast around for a solution to their speakership problem. McCarthy can try to make concessions to secure the support of the Freedom Caucus. These concessions will empower the obstructionists in the FC and will make the House ungovernable. The result will be interminable gridlock and recriminations at […]
Growth, GDP, and Faith
“This Pioneering Economist Says Our Obsession With Growth Must End,” NYT. Portions are (or much) taken from David Marchese’s interview with Herman Daly in 2022. Economist Herman Daly passed on, October 28 in Richmond, Virginia. at the age of 84. What made Herman Daly unique was his embracing of “the counterintuitive possibility our current pursuit […]
November JOLTS report consistent with a continued “hot” labor market
November JOLTS report consistent with a continued “hot” labor market – by New Deal democrat The JOLTS report for November showed both continuing decelerating trends in some series, but overall a picture of a labor market that continued “hot.” Here’s the graph I ran one month ago of job openings, hires, quits, and total separations: […]
The remedy for high prices is – high prices
2023 data begins with another lesson: the remedy for high prices is – high prices – by New Deal democrat And so, another year begins. And kicks off with a look at the leading housing sector. And furthermore, there is even some good news. Total construction spending in November rose 0.2% for the month, while the […]
Healthcare, Justices, and Brazil
An brief introduction this time to Prof. Heather’s commentary. I am taking the opportunity to embolden the beginning of the three points Prof. Heather makes. Within those points, I also chose to emphasize a part of those points by italicizing them. The cost of healthcare and in this particular instance, insulin is one of those […]