Relevant and even prescient commentary on news, politics and the economy.

THE Important Graphic from April’s Unemployment Report

What happens when you downsize a large number of people? Well, it depends on the cohort downsized. In this case, Figure 1 That’s correct; Average Hourly Earnings skyrocketed from $28.67 to $30.01: up $1.34. For context, that one-month change matches the average hourly earnings growth from September/October of 2018 until March of this year–18 months […]

What to do About The Schools

by Ken Melvin What to do About The Schools There needs to be a plan in place that deals with: grade levels, Covid Virus testing, schedules, classroom size, in-school traffic flow patterns, staffing, transportation, …  The how and when are tied together. And yes, all these are interconnected. How to safely get 3,000 high school […]

Fauci: No scientific evidence the coronavirus was made in a Chinese lab

National Geographic published this.  This seems to be an unusual topic for that publication and I wonder why Fauci selected  it. Fauci: No scientific evidence the coronavirus was made in a Chinese lab The rest is copied exactly from National Geographic Fauci, the director of the U.S. National Institute of Allergy and Infectious Diseases, shot […]

A simple plan to produce billions of N95 masks

We desperately need to increase our capacity to test for COVID-19, to trace contacts, and to produce masks and other forms of personal protective equipment.  This will allow us to keep the virus under control and to cautiously re-start economic activity as we await development of a vaccine.  Unfortunately, President Trump has made it clear […]