This is one of the types of care where the resource may not be used as often in rural areas when compared to more populated areas. It is still needed in rural areas. The problem being, how do you get the patient and the baby to a fully equipped hospital an hour or more away. In 2019, I wrote “A Woman’s Right to Safe Healthcare Outcomes,” Angry Bear.” I was asked to write this by women who wanted a man’s perspective. I wrote about clinical trials...
Read More »The Big Story: a 100+ year near-record decline in commodity prices is enabling continued record wage growth and employment
This is the Big Story: a 100+ year near-record decline in commodity prices is enabling continued record wage growth and employment – by New Deal democrat No important economic data today, so let me elaborate on the matter of “immaculate disinflation,” i.e., the decline in inflation without a decline in growth. I’m going to argue that, to the extent there is causation, it is the reverse of what is generally assumed, to wit: that there is...
Read More »The Big Story: a 100+ year near-record decline in commodity prices is enabling continued record wage growth and employment
This is the Big Story: a 100+ year near-record decline in commodity prices is enabling continued record wage growth and employment – by New Deal democrat No important economic data today, so let me elaborate on the matter of “immaculate disinflation,” i.e., the decline in inflation without a decline in growth. I’m going to argue that, to the extent there is causation, it is the reverse of what is generally assumed, to wit: that there is...
Read More »July producer prices: economic tailwind weakens, but still in place
Missed this analysis on Friday. July producer prices: economic tailwind weakens, but still in place – by New Deal democrat Normally I don’t pay too much attention to the producer price index, but because the steep decline in producer prices has been such a boon to businesses, and a big tailwind for the economy as a whole, whether that continues or not is important. And in July, the deflationary pulse generally continued. While final...
Read More »July producer prices: economic tailwind weakens, but still in place
Missed this analysis on Friday. July producer prices: economic tailwind weakens, but still in place – by New Deal democrat Normally I don’t pay too much attention to the producer price index, but because the steep decline in producer prices has been such a boon to businesses, and a big tailwind for the economy as a whole, whether that continues or not is important. And in July, the deflationary pulse generally continued. While final...
Read More »New Deal democrats Weekly Indicators for August 7 – 11
Weekly Indicators for August 7 – 11 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the moment we are in something of a holding pattern, in particular with the coincident indicators. Buoyed by the big downturn in commodity prices, and somnolence of consumer prices ex-fictitious shelter, the short leading indicators continue to be much more positive. As usual, clicking over and reading will...
Read More »New Deal democrats Weekly Indicators for August 7 – 11
Weekly Indicators for August 7 – 11 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the moment we are in something of a holding pattern, in particular with the coincident indicators. Buoyed by the big downturn in commodity prices, and somnolence of consumer prices ex-fictitious shelter, the short leading indicators continue to be much more positive. As usual, clicking over and reading will...
Read More »July CPI: almost everything except fictitious shelter costs are getting close to the Fed’s comfort range
July CPI: almost everything except fictitious shelter costs are getting close to the Fed’s comfort range – by New Deal democrat Gasoline prices and fictitious shelter prices are once again moving in opposite directions, in a direct reversal of what the situation had been in the past 12 months. During late 2022 into this year, energy prices came down sharply, while owners’ equivalent rent was increasing. Now energy prices are beginning to...
Read More »July CPI: almost everything except fictitious shelter costs are getting close to the Fed’s comfort range
July CPI: almost everything except fictitious shelter costs are getting close to the Fed’s comfort range – by New Deal democrat Gasoline prices and fictitious shelter prices are once again moving in opposite directions, in a direct reversal of what the situation had been in the past 12 months. During late 2022 into this year, energy prices came down sharply, while owners’ equivalent rent was increasing. Now energy prices are beginning to...
Read More »Initial jobless claims: a little soft, but continued expansion signaled
Initial jobless claims: a little soft, but continued expansion signaled – by New Deal democrat I’ll put up an analysis of this morning’s CPI later. In the meantime, initial jobless claims rose 21,000 last week to 248,000. The more important 4 week moving average rose 2,750 to 231,000. With a one week delay, continuing claims declined -8,000 to 1.684 million: On an absolute level, all of this remains very good. The YoY% changes are more...
Read More »