What if We were to Abolish the Super Rich?
…disintegrated into oligarchy. Opportunity for all. Inequality makes a mockery of the equal opportunity we claim to value. The poorest residents of Chicago today face a life expectancy fully thirty…
…disintegrated into oligarchy. Opportunity for all. Inequality makes a mockery of the equal opportunity we claim to value. The poorest residents of Chicago today face a life expectancy fully thirty…
…to reduce the earth’s population to some acceptable level, like 1.5 billion people”. Furthermore, by 1980 the life expectancy of the average American would have fallen 42 years as a…
…mini-peak from 1969 -73, the initial wave of boomer offspring. Then there is another peak at 1990. But that doesn’t do much to explain the simultaneous big jump in population…
…an astonishing boom. In the four years from peak World War II spending in 1944 to 1948, the U.S. government cut spending by $72 billion—a 75-percent reduction. It brought federal…
…peak is surpassed until the next peak. The second part of this chart is a basic forecasting rule I developed years ago that recessions– recoveries are symmetrical. That is the…
Coronavirus dashboard for April 8: peak new infections *may* have occurred on April 4 – by New Deal democrat Here is the update through yesterday (April 7) I’ve changed the…
October personal income declines, but still well above pre-pandemic peak; increased likelihood of negative pandemic reversal in jobless claims Before I turn to this week’s report on jobless claims, a…
April housing permits and starts: a pullback from peak, but no recessionary signal UPDATED The monthly statistics on housing permits and starts, reported this morning, were mixed, as permits increased…
…the peak in the US will be about 280,000 to 400,000 cases/day! Now let’s turn to deaths. In India, deaths peaked 3 weeks after the peak in cases, up 43x…
July new home sales down nearly 30% from peak, as prices perhaps start to plateau Unlike yesterday’s existing home sales, today’s report on new home sales is much more economically…