Men and Older Americans Eat the Most Beef, businessinsider.com, Catherine Boudreau Just 12% of Americans are eating half of the nation’s beef — the ‘Hummer of animal proteins.’ A study found twelve percent of Americans are eating half of all the beef consumed in the US in a day. Fifty- to sixty-five-year-old men are most likely to eat beef. Some benefits could be had for the planet if some people ditched beef for another protein....
Read More »Foreboding Economic Signs Coming from consumption and employment data
Some foreboding signs and portents from consumption and employment data – by New Deal democrat I have a special post up at Seeking Alpha, looking at some very troubling signs from several of the high frequency indicators I track weekly as to consumption and employment. Click over and read the whole article, but here is a little taste: the below is what the YoY% change in the 20-day total of payroll tax withholding has been in has been as of...
Read More »The Second and Last Death of Capitalism
—We study history in order to better understand what is going on now, to be better able to look into the future. — The Great Depression was a manifestation of the utter and complete failure of capitalism. Social Security, unemployment, and Welfare were implicit admissions of this failure. Capitalism had spectacularly failed to provide for labor, therefore capitalism should have borne the cost of Social Security and Welfare. The capitalists,...
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