Tag Archives: Hot Topics

Unionize America sea to shining sea — do away with the biggest threat to democracy — with one easy federal labor law stroke. On Today’s Page (ontodayspage.blogspot.com), Denis Drew. Denis Drew has a commentary unions and federal Labor Law. Conjuring up a potential labor market where all businesses are family owned and family operated. Where no outside labor is hired and prices of goods and services are set at the highest amount families...

General Disclaimer: I don’t know what I am writing about. I am an economist not an electical engineer. This should go without saying, but just in case, remember that I don’t know what I am typing about. Radar is used to determine where airplanes are. One use is air traffic control for civil aviation — the airplanes cooperate. Another is military — hostile aircraft do not cooperate. First in civil aviation, the system is far removed from...

The 2024 presidential election will be between Joe Biden and Donald Trump. Of that we can be certain. We can also be certain that the vote will be very close, and there are geopolitical players who will put their thumbs on the scale. “The Saudi Kingdom’s de facto rule Mohammad bin Salman’s coziness with the Trump family is notorious. Meanwhile, if Trump defeats Biden next year that would allow Vladimir Putin to escape the most monumental mistake of...

Simple commentary. Just started to receive information on increases. Gasoline is a no brainer. We drive a fuel efficient vehicle and do five over as opposed to what others do. It is interesting to hear the complaints. Thirty-gallon gasoline tank plus fast driving and you are getting into some serious money. You can only tell them if they will listen. Most will not and get belligerent. Saudi Arabia and Russia have agreed to extend their voluntary...

Weekly Indicators for September 11 – 15 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The only significant change in any metric is that manufacturing, as measured by the average of the new orders sub-indexes of the regional Feds’ monthly reports is on the very cusp of improving from negative to neutral, due to a big improvement in the New York region. That improvement probably reflects the...

Democrats are good at killing themselves politically in elections. We are also good at not pushing back when our candidates are under fire. Instead, we find excuses to promote others as substitutes. Or, we take our voting to other extremes such as voting for Disney characters, the family dog or cat, themselves, etc. You do not believe such? Twenty-sixteen was the year of the “Others” vote which put a potential criminal and now an indicted...

Has industrial production, the King of Coincident Indicators, been dethroned?  – by New Deal democrat Industrial production in the post-WW2 era was the King of Coincident Indicators. In the past 20 years, it may have been dethroned. To wit, in August production increased 0.4% to a new post-pandemic high, but only 0.1% above its previous high last September. Meanwhile manufacturing production also increased, by 0.1%, but is still -0.9% below...

Real retail sales continue to be weak; continue to forecast weakening jobs reports  – by New Deal democrat As usual, retail sales is one of my favorite metrics because it tells us so much about the consumer and, indirectly, the labor market and the total economy. Nominally, retail sales rose 0.6% in August. So did consumer inflation, and the difference rounded to -0.1% for the month. Here’s what the past 2.5 years since the 2021 stimulus...

This just blows me away every time I read one of these articles about what people are thinking about Covid vaccines. And then there is some pseudo-authority who is reinforcing the false paradigm on whether the vaccines works. “Sick, sick, sick,” Digby’s Hullabaloo, digbysblog.net Florida Surgeon General Joseph Ladapo calls the mRNA vaccines “an unsafe medication”. This is incorrect and irresponsible. Someone should ask Ron DeSantis if he would...

The action by the United Auto Workers is part of a burst of labor activism attempting to reverse a decades-long trend. The trend as noted in the following graph. How the Latest Labor Strikes Are Attempting to Reverse Decades-Long Trends, The New York Times, David Leonhardt. (If you are having issues linking to this article to read the rest of it, you can subscribe to NYT and can read a few articles for free.) Some of the story (you can...