Tag Archives: politics

PPI and CPI preview: why Paul Krugman’s “Goldilocks” economy is likely to prove “transitory” – by New Deal democrat Sorry for the lack of posting yesterday. Every now and then, real life intrudes and, well, yesterday was one of those days. All of the economic data this week is going to be crammed into tomorrow through Friday.  Most importantly for present purposes, I am very interested in dissecting both the producer and consumer price...

I use the Veterans Administration also. I do not use it as widely as I could and I am ineligible for some of the care I really need. This does not mean it doesn’t offer the care I might need. I leave it for those who can not go elsewhere and maybe do not have insurance. I was based out of Lejuene and did drink and bath in the water. Been exposed and I believe it has had an impact on my blood. Just try and prove it though. It is discouraging to...

The budget deficit is the change in the nominal face value of public debt. It is roughly unique (as far as I know) being the change in a quantity which is not corrected for inflation. We do not usually talk about nominal GDP growth or nominal wage growth. The sustainable deficit increases one for one in debt*inflation, so the term should be removed if one is thinking of long term sustainability. I think the reason the absurd number is used is...

Then I really was going to skip today, even as–indeed, because–it is the 50th anniversary of 11 September. The original 11 de Septiembre, that is. Once is history, twice is parody. Feuerbach, as with Marx, was an optimist. Chile took only 17 years to get rid of Pinochet, and they did it at the ballot box. Twenty-two years later, the U.S. is still recovering something, though I’m no longer certain what. Are we trying to avoid torture?...

This is a good take on what has driven the decline in inflation or at least it is what I believe. Mike has an explanation on the Phillip Curve within his article. I skipped by it as I felt it was addition to the supply side explanation. Or not needed as a part of the explanation. Supply-Side Expansion Has Driven the Decline in Inflation, Roosevelt Institute, Mike Konczal “After two years of persistently rising prices, inflation has finally...

In 2010 Congress passed the Patient Protection and Affordable Care Acts (there were 2) from now on called the ACA. One of the aims was to bend the Medicare spending curve and, they hoped (or dreamed) stop the increase in spending per beneficiary. The spending per beneficiary ceased increasing. Oh crap Chrome refuses to upload an image (and says I am offline while also opening other pages. I should have kept my oath). sorry for...

Despite 6+ month low in initial claims, yellow caution flag remains  – by New Deal democrat Last week the initial claims numbers justified restarting the yellow caution flag. This week initial jobless claims declined -13,000 to a 6+ month low of 216,000. The 4-week moving average declined -8,500 to 229,250. With a one-week lag, continuing claims declined 40,000 to 1.679 million: Since last year ago at this time also saw a steep decline, it...

In 2016, we had the Clinton v trump election. And trump won via three states swinging to the Repub vot via the anybody but trump or Clinton. There is not argument here and I have presented the data several times. Disney characters, other nonliving entities, pets, and other characters were voted for in the national election. The vote for “others” went up 4-6 times in 2016 as opposed to 2012 and dropping again in 2020. The three states in which this...

I have written about my disagreements with the pentagon about military procurement here, here, and here, April 11 2022 I wrote “5. some relatively cheap weapons are highly effective. They include Javelin, NLAW, Stinger, and StarStreak shoulder fired missiles. They also include Bayraktar drones. They may include Switchblade suicide drones (not depoloyed yet). They have somethings in common or especially they all lack some things. Shocking price...

This is a great story which should be told each year. Labor and the importance of it in society and manufacturing. Labor adds the vale to manufacturing product. September 3, 2023, Letters from an American, Prof. Heather Cox Richardson. Almost one hundred and forty-one years ago, on September 5, 1882, workers in New York City celebrated the first Labor Day holiday with a parade. The parade almost didn’t happen: there was no band, and no one...