January jobs report: A very strong report, but with pockets of significant weakness – by New Deal democrat As per usual, the Establishment and Household portions of the jobs report gave somewhat different impressions, complicated by annual revisions to each. In general, not only was January excellent of the Establishment report, but most months in the past year were revised upward as well. The Household report mainly was “meh,” neither...
Read More »New month’s data starts out with leading indicators in both manufacturing and construction indicating expansion
New month’s data starts out with leading indicators in both manufacturing and construction indicating expansion – by New Deal democrat As usual, the new month’s data starts out with information on manufacturing and construction. The ISM manufacturing index has been a good leading indicator in that sector for 75 years. The difference over time, especially the last 20 years, is that manufacturing makes up a smaller share of the total US...
Read More »Bibi Agonistes: Clueless in Gaza at work with other knaves
Don’t you hate it when you have a great title and no post to go with it. Here is a link
Read More »The VA Privatization and Other Detrimental Policies
Disadvantaging the VA: How VA Staff View Agency Privatization and Other Detrimental Policies I use the VA as I am eligible for it. I need to apply for my two+ years in and out of Camp Lejeune. Just have not done. My disorder comes and goes and Rituxan seems to put it into remission. There are others there who have far more serious issues than I. The VA does offer good care in spite of what you hear. These reports as shown here are not made up. If...
Read More »December JOLTS report: while hiring has weakened, firing (and quitting) continue to show a strong labor market
December JOLTS report: while hiring has weakened, firing (and quitting) continue to show a strong labor market – by New Deal democrat Yesterday’s JOLTS report for December showed a labor market that, while decelerating, remains relatively strong. Let me start with layoffs and discharges, which increased by 85,000 to 1.616 million (blue in the graph below). This is nevertheless about average for the past year, and as usual mirrors the...
Read More »Review by David Zetland: When a Crocodile Eats the Sun”
The same as David, I have heard good things about this book. I am also old enough to remember some of the news of the turmoil in Zimbabwe. Book Review: When a Crocodile Eats the Sun, The one-handed economist, David Zetland A white woman in South Africa suggested that I read this 2006 book by Peter Godwin, and I am glad that she did. I mention the color of her skin because skin matters in this memoir of how Zimbabwe fell apart in the...
Read More »Merrill Goozner Talks about Abortion
Abortion is a tough topic to write about as both sides get a bit mean. The one side forbidding it more so then the supporters of reproductive choice. Maybe it has to do with the thought or thinking behind it. Women decide and the males shut up, except for the orange one. Abortion in the news, GoozNews, Merrill Goozner There’s only one health care issue that will be on the ballot this November, and that’s abortion. Health care pundits like...
Read More »At least today, things are looking up for the Democrats
Haley Nikki Haley is staying in the race for the Republican nomination, at least for now. Why? If she only cares about becoming president, this year could be her best shot even with Trump way ahead of her in the polls. Trump may be convicted or become incapacitated, and she could win the nomination as the last woman standing. It is far from clear her political brand will be in better shape with Republican primary voters 4 years from...
Read More »Getting control of the border
The single most significant thing Republicans could do to reduce undocumented immigration is to require E-Verify for all hires and jail employers who don’t use it or who hire in spite of it. Why not use this?“At the same time, ordinary economic migrants could be most effectively dealt with via E-Verify. If you make it hard to hire undocumented workers, they’ll stop coming. The problem is that even immigration hawks tend to downplay this because it...
Read More »Ten Drugs Medicare Will Negotiate New Drug Pricing
Or a Tale of two Pricings for the Same Drug, One for the US and another for other countries. Eventually Medicare is going to get around to negotiating with these ten companies for the ten drugs in question here. As taken from one section of Lever News, I have reposted the finding of those ten drugs. What you will see is the pricing for the United States as compared to the pricing in other countries. I do not believe many people are aware of how...
Read More »