by New Deal democrat Weekly Indicators for October 5 – 9 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Because the pandemic so quickly and completely put the economy in a coma back in April, and the economy remains at severely depressed levels by most metrics compared with a year ago, in […]
Coronavirus dashboard for October 9: everybody has to touch the hot stove at least once Total confirmed US infections: 7,605,218* Average infections last 7 days: 46,869 Total US deaths: 212,762 *Actual number is probably 5 to 7 million higher, or about 4% of the total US population Source: COVID Tracking Project In the last […]
Steve Hutkins at Save the Post Office Another federal court has ruled against the Postal Service. The United States Postal Service is now 0 for 6. In the case of Richardson v Trump, Judge Emmet Sullivan has ordered a preliminary injunction putting limits on postal operations in the run-up to the election. (Sullivan had also issued a preliminary injunction […]
When did Israel Become “America’s Best Ally”? In the recent US Vice Presidential debate, the current US VP, Mike Pence dropped a throwaway line that until nobody has noticed until now. He labeled Israel as America’s “best ally,” or a term meaning the same thing. I think that from at least 1917 the “best ally” […]
August JOLTS report conforms to prior early recession recovery pattern Yesterday’s JOLTS report for August showed a jobs market that is still just beginning to mend. Hires were up, and layoffs and discharges were down, which is good, but job openings and voluntary quits both declined. We are far enough along past the worst […]
“The New England Journal of Medicine Breaks two centuries of precedent to take an electoral stand,” Medpage Today, Shannon Firth, October 9, 2020 Angry Bear Readers: I am stealing the NEJM’s title as it states all of the issues we are faced with today with the Covid Pandemic. “Dying in a Leaderless Vacuum.” The NEJM […]
Jobless claims: yet another week of glacial progress Today marked yet another week of glacial progress in initial jobless claims, at levels worse than the worst weekly levels of the Great Recession. On a non-seasonally adjusted basis, new jobless claims rose by 5,312 to 804,307. After seasonal adjustment (which is far less important than […]
Voting in a Time of Covid: A Question about Judicial “Originalism” The originalist theory of legal interpretation holds that judges, in reviewing the implementation of a statute, should be guided by the “plain meaning” of its language at the time it was adopted. This is in opposition to the notion of a “living law”, whose […]
Regeneron Seeks Emergency Approval per trump’s miracle recovery and subsequent endorsement. Biotech company Regeneron moved Wednesday to apply for emergency approval for an experimental antibody treatment praised by President Trump. “Subsequent to our discussions with regulatory authorities, we have submitted a request to the U.S. Food and Drug Administration for an Emergency Use Authorization (EUA) […]