“COVID-19 vaccines have saved, not killed, millions” as taken from Fact check usatoday.com, Joedy McCreary, November 8, 2023 ‘It’s just completely impossible.’ The claim originated in a Dec. 2 Slay News article cites leaked official data to assert that more than 20% of vaccinated New Zealanders have died. COVID-19 became widespread in New Zealand for the first time in 2022 with the arrival of the highly infectious omicron variant,...
Read More »New Deal democrats Weekly Indicators for December 4 – 8 2023
Weekly Indicators for December 4 – 8 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The coincident data keeps getting better and better, while interest rates remain very negative. The question, as it has been for months, is whether those interest rates finally case the short leading indicators to roll over. As usual, clicking over and reading will bring you up to the virtual moment as to the...
Read More »Amtrak vision links Detroit Metro Airport, Detroit and Cleveland
This makes sense unless you want to hang around the airport for a while to catch another flight to Cleveland or Toledo. If you are observant, there is another route into Canada. All that is missing is an express to Chicago. Amtrak proposal would link Detroit, DTW, Toledo, Cleveland | Crain’s Detroit Business, crainsdetroit.com, Anna Fifelski The latest revision to Amtrak’s Cleveland, Toledo, Detroit/Pontiac corridor proposal now includes a...
Read More »Is Redistribution the Solution?
Toward the end of a very interesting and worthwhile conversation about how right-wing “populism” co-opts righteous anger at established institutions, Vincent Bevins asked Naomi Klein how she would counter that co-optation. Her answer was to advocate a “real left that has a political program that is actually redistributive,” which sounds good until you realize that the capitalist economy is already massively redistributive so “redistributing the...
Read More »November jobs report: signs of considerable strength, but warning signs of considerable weakness as well
November jobs report: signs of considerable strength, but warning signs of considerable weakness as well – by New Deal democrat Yesterday I wrote that “In tomorrow’s jobs report, my focus will be on whether the data is most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration has been continuing;” and more specifically: .My expectation, based on real consumer spending, is that there is likely to be...
Read More »Some Background on the Potential Purdue Settlement
I do not believe this (below) to be long. Then I am not the one who may choose to read it. Lawsuit by Pierce County against various drug distributors and manufacturers, In this instance, I am going to guess they are talking about Opioid pills such as Purdue’s Oxycontin. Do not confuse this with the Jick and Porter letter (which I will follow-up on) and the 2017 article A 1980 Letter on the Risk of Opioid Addiction | NEJM. I am interested in the...
Read More »Past Voting Practices and People Wonder Why?
Reading way too many comments about not voting or not voting for Biden. We backed away from Clinton in 2016 and we got a morally defunct almost a fascist or maybe a want-a-be as the president. In 2020, Biden was not my first choice either. I had seen too many times the impact of his programs coming out of the Senate. However, he did carry us through a pandemic with various positive economic programs. He was the right man for the job and the issues....
Read More »Initial claims, Expansion, and Employment
Initial claims continue to forecast expansion; further slight deceleration in employment, unemployment, and wages most likely tomorrow – by New Deal democrat This morning we had our last look at initial jobless claims before tomorrow’s November jobs report. On a weekly basis, claims rose 1,000 to 221,000. The four week average rose 500 to 220,750. With a one week delay, continuing cliams declined 64,000 from last week’s 2 year high to 1.861...
Read More »Defying the Supreme Court: an idea whose time has not come
Mark Tushnet is a leading critic of the Supreme Court and of the way judicial review is practiced today in the United States. Following the Court’s recent decision on affirmative action, Tushnet and Aaron Belkin wrote an open letter urging President Biden to defy the Supreme Court (my bold): We urge President Biden to restrain MAGA justices immediately by announcing that if and when they issue rulings that are based on gravely mistaken...
Read More »Manufacturing’s shift out of China is the shipping corridors
Manufacturing’s shift out of China is shaking up shipping, qz.com), Mary Hui AB: This is kind of along the lines of what I was involved in with manufacturing overseas and moving components to various countries from the US. We would plan the necessary materials to a planned ship date. We would ship to Thailand, Philippines, China, Malaysia, etc. What is going on here, shippers are using Vietnam as a base to ship to. From there, the parts are moved...
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