– by New Deal democrat Let’s take our regular weekly look at jobless claims. In addition to being 1/2 of my “quick and dirty” forecasting system (the other 1/2 being stock prices), they have a 60 year history of being a good short leading indicator. [Later this morning we’ll get existing home sales, and I’ll […]
As Lloyd says it, the real issue here are people and their habits of abusing the climate. These issues have been getting more and more serious as the years go by. And the people and their governments have been ignoring the coming threat of increasing heat. The attitude has been, we can fix it tomorrow. […]
The U.S. abandoning NATO now doesn’t mean Europe will revert to a 1914 mindset; too many economic, cultural, and political threads have been sewn together in the post-WWII period for it to revert to that arrangement. But it is a distinctly American myopia to think Europe will stand pat, won’t evolve on its own as […]
Tyler Cowen has a post up about recent developments in the U.S./Iran war. His post contains criticism of some not-so-smart and confused but unnamed others, and an attempt to win an argument with these unnamed opponents by questioning their credentials. I find this an unhelpful mode of argument. But he does ask an interesting question, […]
I keep imaging a a bizarre format “lets make a deal” by Tr__p attempting to entice Iran to accept a cease-fire in what he calls a “deal.” No other president has offered up (so many) deals when he negotiates or legislates. Just to be clear. I am aware of Teddy Rosevelt’s Square Deal, then Franklin […]
– by New Deal democrat Yesterday I looked at the economically weighted ISM manufacturing and services indexes, pointing out that they have shown a rebound this year. Today let’s take a brief look at the regional Fed manufacturing and services indexes. Below are the manufacturing and services indexes, averaged over the four Fed districts whose […]
It has over 265 million active players. I did not play soccer. My sons and daughter did. I did get a “D” license and went on to referee classes. The Soccer Coach at University of Wisconsin ran the classes. Since I was working for Oscar Mayer at the time, I got the bun length hot […]
This is not new news. It goes back for years. Medicare Advantage costs more than Medicare. Much of this is due to price setting. Advantage plans will receive overpayments of approximately $76 billion Center for American Progress above what the same care would cost in traditional FFS Medicare. This is nothing new. It has been […]
“In 2017, Roy Moore was accused of sexual misconduct with teenage girls, including one who was fourteen at the time of the alleged assault. Nine women came forward. The reporting was extensive and documented. The Republican Party of Alabama endorsed him anyway. The President of the United States endorsed him. He lost by less than […]
– by New Deal democrat There’s no important new economic news today, so let’s take a somewhat deeper dive into last Thursday’s employment report for June. To cut to the chase, this is of a piece of my “Big Picture” narrative from Friday in which I wrote that most of the signals suggest and economy coming […]