“Constitutional Sheriffs” and “Posse Comitatus,” Econospeak, Barkley Rosser In the mid-1970s when I was finishing my Ph.D. diss and also working for the Wisconsin Department of Natural Resources in its Water Quality Bureau, where I was mostly dealing with sewer systems issues, the Wisconsin branch of the Posse Comitatus was attacking and “arresting” individuals from […]
October jobs report: a very strong report putting to rest questions about the strength of the expansion In the light of the last two month’s relatively “poor” jobs readings, an important question was what was going to happen with revisions. As we will see below, they really delivered! – big positive revisions to both of […]
by New Deal democrat Weekly Indicators for October 1 – 5 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. As I point out from time to time, one of the biggest values in tracking data that is reported with high frequency, i.e., weekly as opposed to monthly or quarterly, is that you […]
Layoffs, wages, and labor costs: three measures of the labor Boom, New Deal democrat Initial claims declined another 14,000 this week to 269,000, and the 4 week average declined 15,000 to 284,750, both new pandemic lows: For the past 50 years, initial claims have only been at these levels briefly at the peak of the […]
There were two pieces of good news yesterday: the big job gains in October, perhaps due to the waning of the delta-fueled covid-spike, and the new Pfizer covid pill, which is reported to be 89% effective at preventing severe illness and death. Coming after the demoralizing mid-term election, this is indeed very welcome. But welcome […]
September Trade Deficit Rises 11.2% to a Record High on Lower Exports of Precious Metals, Oil & Oil Products and Capital Goods, MarketWatch 666, Commenter and Blogger RJS Our trade deficit rose by 11.2% in September as the value of our exports decreased and value of our imports increased…the Commerce Dept report on our international trade […]
Three reasons for the decline in Biden’s (and Democrats’) popularity Dan Guild follows presidential approval closely and uses it to model election outcomes, including State level as well as Congressional and Senate races. He’s been very consistent, and very good. For the past several months, his hair has been on fire about a real decline […]
None so indignant as the scoundrel. -mois Long ago and far away on a Pie-Supper Night at a one-room schoolhouse, the auctioneer cried, “I’ve got two, who’ll give me four? Now, I’ve got four, who’ll give me six?” Two, four and six bits that is. Stock market still works with the fictional one-eighth dollar. But […]
Economist and Farmer Michael Smith Introduction Well, Its About to Become Worse as Urea prices jumped to a record strong demand creating supply shortages. Food prices to increase . . . And the Details I was recently sitting on a conference call with a fertilizer analyst and a bunch of monocrop growers, generally feeling out […]