Having just had an operation at Mass General earlier this week, I was pleased to hear that the nurses I met had their first vaccination. But then I checked the Boston Globe and Med Page Today on our local progress in relation to my own turn. Worth a discussion and feedback on your own locality. […]
by New Deal democrat Programming note Four year ago I wrote a valedictory piece about the Obama Administration, and separately wrote of my fears of what the Trump Administration would wreak. Needless to say, especially in light of events of the past week, I intend to do the same retrospective as to Trump and […]
November JOLTS report shows the renewed impact of the pandemic, partial lockdowns This morning’s JOLTS report for November (remember – a month in which there were total job gains) showed a jobs market recovery that at least paused due to the increasing effects of the out of control pandemic. Hires were up (good), while quits […]
Poor Jim Jordan, singled up with no Doug Collins, Trey Gowdy, Darrell Issa, Louis Gohmert, Mo Brooks, Ted Cruz, Josh Hawley, …, along side him, on 12 and 13 Jan, 2021, tried valiantly, well, at least loudly and indignantly, to pull the Republican wagon out of the ditch; the ditch that they all had taken […]
December inflation: real aggregate wages fall as real average wages rise due to compositional effects Consumer inflation typically rises as expansions continue, and declines once recessions start. Once a recovery begins, inflation typically steadies again. While the pandemic has affected both consumer demand and the supply chain, overall the paradigm should still apply. With that […]
I want to revisit my earlier post on impeachment. I am more inclined to support impeachment today than I was 6 days ago, although it is still far from clear that impeachment makes sense. Trump has done great damage to this country by making clear that congressional Republicans will allow a lawless, authoritarian president who […]
Populism has a nice ring; ‘will of the people’ and all that good stuff. So, why doesn’t it ever work? Not even in backward nations? Populism is disastrous in a nation as complex as the United States in times as complicated as these. There’s a reason that it never turns out well. Populism feeds off […]
Exploiting the Stupids: The Intellectual Foundation of Movement Conservatism From about the age of 8-12, I read a lot of sci-fi. Along the way, I stumbled across Robert Heinlein, in particular his novel The Day After Tomorrow, initially published as The Sixth Column. It was so crudely racist I avoided from then on anything with Heinlein’s name […]
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December jobs report: I told you so – jobs actually declined in December, BUT employment primed for takeoff once pandemic abates Important: There was a huge amount of seasonality in this report. This is common for December, but the issue was greatly exacerbated because of the outsized impact of the pandemic. Take the large changes […]