Robert Haveman, RIP, Econospeak, Barkley Rosser Robert (Bob) Haveman died on June 18, aged 85. He had been at the University of Wisconsin-Madison since 1970, when I first met him, where he served as Chair of the econ dept., director of the Institute for Research on Poverty, and also Director of the LaFollette Institute for […]
People in Democrat majority Michigan are Angry . . . Michigan Legislative Black Caucus offers scathing response (audacy.com) LANSING (WWJ) — The Michigan Legislative Black Caucus, spearheaded by Sen. Marshall Bullock, slammed the U.S. Supreme Court’s decision in the Dobbs v. Jackson Women’s Health case which effectively ended the constitutional right to abortion in the United […]
I do not know about you. It is hard not to get or be angry due to January 6 of last year, the constant barrage of garbage coming from Republican Congressional Representatives, and Senators of the same political ilk. We have found few to be redeemable. Then there is a Conservative, nope, call them Republican […]
It’s hard to focus as I struggle through my second round of Covid, but a few thoughts on Roe. Compromise: Josh Marshall has been advocating loudly for the Democrats to run this year on a pledge to restore Roe. Maybe this is their best strategy. But they should consider a compromise along the lines I […]
New home sales rebound, but downtrend in sales intact; prices continue to climb In response to April’s dismal report, I wrote that “new home sales are heavily revised after the first report. It is not unusual at all for big monthly moves like this to suddenly look much less severe when the number gets revised […]
“Chaos Theory and The End of Roe V Wade,” Econospeak, Barkley Rosser Probably the most famous characteristic of chaotic dynamics is the phenomenon known formally as sensitive dependence on initial conditions, which is more popularly known as the “butterfly effect.” In such dynamics a small change in a starting value or a parameter value can […]
Tonight, I wish to pull a response from one of my favorite bloggers. It is a good read. I think you will enjoy it too after enduring all of the BS coming out of SCOTUS. Then there is the Republican caused national crisis. It is the proper response to both issues. “There is only one […]
Resurrecting the metric: initial claims lead the unemployment rate; no recession signal so far Initial jobless claims declined -2,000 to 229,000 last week, vs. the 50+ year low of 166,000 set in March. The 4 week average rose from 4,500 to 223,500, compared with the all-time low of 170,500 eleven weeks ago. Continuing claims rose […]
It has been a while since I have listed news articles. Healthcare, Oil, and SCOTUS topics are dominating news today. Colorado is kicking of a Public Option. If successful, it will greatly benefit citizens there. Oil and gasoline are big issues. When taking into consideration inflation, the price today of a gallon of gasoline is […]