Commenter and Agriculture Economist Michael Smith The Tale of Two Freezes: This one has been a long time coming and with the special session happening in Texas with our legislature a few things have become very apparent. Texas gets criticized heavily in the media all over the United States, and arguably, worldwide. We are a […]
During the first Trump impeachment, and the second, House Republicans strongly opposed subpoenaing any witness who might tell the world some of the more egregious things that Trump had done and said as President. During the Senate trials, Mitch McConnell used his position to ensure that no witnesses were called, no incriminating evidence was presented, […]
This was always the plan? The plan did not include forcing people out of traditional Medicare and into Medicare Advantage. No mistake on the date on this Copied and Pasted Angry Bear post from almost two years ago. Nancy Alt, Andrew Sprung, and Angry Bear were sounding the alarm in 2019 about trump’s move to […]
Scenes from last week’s June employment report With no significant economic data today, let’s take a look at some of the more salient numbers from the June employment report released one week ago. Starting with the headline employment numbers, both the Establishment Survey and the Household Survey, while diverging in any given month, are in […]
Most of the statues were of Confederate War heroes, most were erected in the 1920s. All were meant to commemorate one of the biggest of the Big Lies; the one about a noble Lost Cause. The one invented after the fact, the one that begat ‘The Birth of a Nation’. The one meant to deny […]
Senator McBroom’s Report – Picking Up from Where I Left Off Republican UP State Senator Ed McBroom: “‘the bills should not be seen as challenging the validity of the November election, but as ways to tighten ‘safeguards’ from ‘real vulnerabilities.’” So, the Republicans can pass legislation to resolve those “real vulnerabilities” McBroom worries about. Republicans […]
Trend in new jobless claims flattens: the virus remains in control in the unvaccinated States New jobless claims are the most important weekly economic datapoint with regard to the effects of vaccination progress. Four weeks ago I wrote, “I think we are going to see two tracks going forward from here, as near-normalcy does return to […]
Socially Ambivalent Labour Time III: Theories of Surplus Value, chapter 7 and addenda to part 1 In an earlier post, I mentioned that in chapter seven of TSV Marx explicitly excluded William Godwin from his historical review of theories of surplus value: In accordance with the plan of my work socialist and communist writers are entirely excluded […]
May JOLTS report continues to show a jobs market out of equilibrium This morning’s JOLTS report for May continued all of the trends we saw in April – a huge amount of unfilled job openings, a comparatively weak level of actual hiring, an enhanced number of people quitting their jobs, and record low layoffs and […]