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Tag Archives: US EConomics

Boom in U.S. Construction of Manufacturing Facilities

This piece is a review on what is happening in increasing manufacturing capacity for computer, electronic, and electrical manufacturing. Where I am, there is increasing builds of facilities for each of those products. That being around the Phoenix area. One facility they have been working on for two years now and it appears to be near the end. Much of this is automated and probably much Labor. Semiconductor is basically growing wafer, populated the...

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$3 Billion Shortfall in VA Benefits for Disability and Education

It figures. Just about the time they accept me in for full benefits due to my being at Camp Lejeune, the VA is starting to rund short on cash to pay for the Pact Act. What is said further down in this report, medical care is running short on funds too. That shortage is ~$9 billion. I know the one facility where I might go is short of doctors to handle spinal damage. Still waiting for the commercial healthcare to get back to me. They know I am out...

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Airlines to Seat Kids Next to Parents at No Extra Cost

I don’t get this. If a family plans early enough, why can’t they get three in a row? If the seat is available, book the child. Seats do not differentiate between small bottoms and large bottoms. The seat is occupied and paid for at a normal fare. Perhaps, I am missing something here, so fill me in on the issue. This is not a have to, it is a common sense solution. Tempest in a teapot. Proposal on family seating comes as officials have raised...

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Establishment Jobs survey weak and Household Jobs survey almost recessionary

July jobs report: Establishment survey weak (but still positive), Household survey (even more) recessionary  – by New Deal democrat In the past few months, my focus has been on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration is ongoing. In the last several months I have also pointed out that the Household Survey is probably understating growth because of its large undercount...

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The Truth Social poll and Trump’s market value

While I do check in from time to time at 538, it turns out that Truth Social share prices are a useful metric for Trump’s popularity, at least where it matters:“The value of Trump’s stake in the corporate owner of Truth Social has dropped by $900 million since Vice President Kamala Harris entered the race for the White House on July 21. Trump Media & Technology Group’s share price has tumbled by about 23% since then, including another sharp drop...

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Jobless claims increase, no longer positive and neutral

Jobless claims increase; no longer positive but neutral (and likely still affected by unresolved seasonality)  – by New Deal democrat I’m still on the road, so this will be an abbreviated report. Initial claims rose 14,000 to 249,000, the highest since last August. The four week moving average rose 2,500 to 238,000, the highest since last September. Continuing claims, with the usual one week lag, rose 33,000 to 1.877 million, the highest...

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Can you reduce your risk of dementia?

Dementia is becoming a growing societal burden throughout the world, especially in the industrialized world where increase longevity results in larger numbers of people experiencing dementia. So far, advances in medical treatments to mitigate this burden have been modest, at best.There are known genetic risk factors for Alzheimers and frontotemporal lobe dementia. I’ve had my genome sequenced and I have none of the currently recognized variants...

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Fed thinks It Might Cut its Benchmark Lending Rate This Year . . . Maybe

Washington CNN  Someone is hopeful a small decrease in the Fed Rate will impact the economy (housing, etc.) greatly. While it is a positive move over the next 6 or so months (just kidding), I can not see shall a huge decline in rates forthcoming after a decrease. We still have a ways to go. The Federal Reserve gave an important clue Wednesday that it will likely cut its Benchmark Lending Rate in the coming months. The move would pave the way...

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Deceleration All Around (including the bad stuff)

 – by New Deal democrat Angry Bear PM Take: It would seem like Fed Chair Powell feels good about the progress. The theme of the JOLTS report for June was “continued deceleration,” but no particular cause for concern. As we’ll see below, that’s because the “bad” metrics declined just as much as the “good” ones did.  To start with, job openings (blue in the graph below), a soft statistic that is polluted by imaginary, permanent, and trolling...

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Boomers were the yuppies, not the hippies

The “baby boom” began in 1946 and ended in 1964. I’m a boomer. In fact, I was born in the mathematical center of the baby boom. I was 14 when Woodstock happened.Boomers have been credited (or blamed) for the tumultuous ‘60s of civil rights and hippie fame. But that’s anachronistic. Here’s Louis Man and in his recent New Yorker article “What happened to the yuppie?”“Most of the baby boomers had nothing to do with the civil-rights movement or the...

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