– by New Deal democrat This is going to be a sparse week for data, with the exception of tomorrow’s long-delayed Q3 GDP report, and jobless claims on Wednesday. Sadly, so much of the data is still missing or stale that the best source for up-to-date information is in the regional Fed reports, most […]
Explaining the impact of International Trade. Does International Trade Hurt the United States? Econofact In my opinion, International Trade does not hurt the United States. It does expand our economic impact. As the article points out when U.S. exports to the rest of the world are declining, U.S. imports of foreign goods tend to decline […]
Ever since I started voting, I’ve voted in either red states or blue states. I’ve never missed an election. But why bother voting, since I’m outnumbered? Well, for one thing, millions of people have fought and died for the right to vote. I honor their memory by exercising my franchise. Beyond that sentimental reason, though, […]
What Can Democrats Do Now? J.P. McJefferson Thoughts Democrats need to move on and move on fast. What really scares me is whether Democrats, Independents, and any others who care about democracy can, over the next couple of years, preserve the concept of “Free & Fair Elections,” and pack the 2026 campaigns with credible, charismatic […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Update: All of the trends that we have been seeing for the past several months appear to be becoming more entrenched. That includes the re-normalization of the yield curve on the positive side, and weak withholding tax payments and transportation metrics on […]
The 2024 election map if “Didn’t Vote” was a candidate in each state. As Micheal Morre noted, the largest power block is the did-not-vote block. Imagine! Facebook, Daniel Becker Link to numeric provided by Angry Bear.
The crash is in front of us and 10 days away. People had to sign up for healthcare plans sooner than now. If they did not, they will be without. The same holds true if they did sign up and can no longer afford the plan. If people can not afford the ACA plans due […]
I saw the name of this article as written by David A. Graham of the Atlantic and immediately thought of a fifty’s song “The Name Game” by Shirley Ellis. If you do not know what it is, no worries it went public in 1964. The song starts out “Come on, everybody. I say now, let’s […]
I just finished reading “Two Paths to Prosperity: Culture and Institutions in Europe and China,” 1000-2000 by Avner Greif, Guido Tabellini, and Joel Mokyr. The book, as suggested by the title, is a study of comparative economic history. My reading of economic history is limited to reading biographies of Marx and Keynes. My reading of […]
– by New Deal democrat The Quarterly Census of Employment and Wages (QCEW) is “the gold standard of US employment measures. It is an actual census of 95%+ of all employers, who must report new employees for purposes like unemployment and disability benefits. Because of this, it is used for the final revisions, a/k/a benchmarks, for monthly […]