September JOLTS report: despite the increase in openings, the decelerating trend in the game of reverse musical chairs remains intact – by New Deal democrat In 2021 and earlier this year, the jobs market was typified by a game of reverse musical chairs in which there were more chairs (available jobs) than players (job seekers). As a result, employers had to increase wages in order to attract workers to their openings. But since this left other...
Read More »Polling Uncertainty
Kind of what I been reading is what Infidel is writing about in this post of his. NYT has a detailed opinion article about the complexity of polling on the 24th (freebie). Even they see polling results as complex. I believe Roe v Wade will still play a part in how women and others will vote. I am also hoping Alito will keep flapping his lips. It stirs the crowd up and reminds people he was the instigator in Roe V Wade. Six days off now to the...
Read More »What News Was in My In-Box, November 2, 2022
A lot of good and assorted News topics to be read. I did not include any about the upcoming election. I did include one on polling. The same as 2020, I believe the polling results are tainted. We are not getting a clear picture from polling or news reporting. That is just one of 30-something articles and links here this week. Heavy on healthcare. and the Economy, otherwise an eclectic mix of assorted news topics. Politics “Only the GOP...
Read More »Manufacturing, construction, and job openings all show an economy under stress
Manufacturing, construction, and job openings all show an economy under stress – by New Deal democrat As usual, we begin another month with important manufacturing and construction data. Additionally, the JOLTS report for September was also released. The ISM manufacturing index has a very long and reliable history. Going back almost 75 years, the new orders index has always fallen below 50 within 6 months before a recession, and in three...
Read More »Cheap Labor Farming vs Mechanical Technology
Cheap labor versus Innovation . . . “Dutch innovators vs Dutch farmers,” The one-handed economist, David Zetland. This past weekend, I visited the Dutch Design Week exposition in Eindhoven (home of Philips). There were hundreds thousands of interesting (and sometimes baffling) displays, demos and ideas scattered around town. One that caught my eye was from a team trying to sell an “easy harvesting” devise that could be used on small-scale...
Read More »Personal income and spending for September
While I was away . . . Personal income and spending for September Real personal spending increased +0.3% in September, while real income increased less than 0.1%, rounding to unchanged: Since May 2021, after the last round of pandemic stimulus expired, real spending is up 3.3%; but real income is down -2.0%: Real personal spending had stalled in late spring and summer, but in the last two months – aided by revisions – has increased...
Read More »Open thread Nov. 1, 2022
“Open thread October 28, 2022,” – Angry Bear, angry bear blog Tags: Open Thread November 1 2022
Read More »Sowing Fear, Anger, and Distrust Amongst Citizens
The destruction of the Congressperson occurs near the end of the first clip. In the beginning of the clip, Margaret Brennan is discussing various issues. She begins by building a foundation of statements. At the end, she asks why is he firing the weapon when stating we should fire Pelosi? I do not get the bravado of some of these “wannabes.” Margaret Brennan is right. GOP Rep. Tom Emmer actions incite others to violence. “CBS Anchor Margaret...
Read More »The Humiliation Of Hu Jintao
The Humiliation Of Hu Jintao The recently completed onec-every-five-years Party Congress in China, which confirmed Xi Jinping for a third term as General Secretary of the party, punctuated his apparent assumption of essentially total power by humiliating his predecessor, Hu Jintao, in its final session. At the beginning, he was forced to leave the session, with two men clearly pulling on his clothing in a widely seen video to make him get up and...
Read More »Emissions Gap Report for the United States and Globally
Two posts are at the bottom of this one. Just talking about on-purpose emission of exhaust by pickup trucks which have had the emissions control devices altered. They did this to blow black exhaust out of their exhaust. This report on Treehugger is an update on how well the world is doing. Simple terms, it ain’t. The goal with the implementation of conditional NDCs, plus additional net-zero commitments, was to achieve a 1.8°C rise. The United...
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