Tag Archives: US/Global Economics

Commentary by Left Jabber @ “Left Jabs.” I had the fortune to run across this commentary at Mike’s Blog Roundup as presented by DriftGlass. Left Jabber is taking a different approach than I did in my earlier post. He is saying the same thing about Biden’s fiscal policy the last two years, It made for a better economy. ~~~~~~~~ Editorial Board of The Washington Post. The headline reads: “Congress and Biden have to help the Fed fight...

September JOLTS report: despite the increase in openings, the decelerating trend in the game of reverse musical chairs remains intact  – by New Deal democrat In 2021 and earlier this year, the jobs market was typified by a game of reverse musical chairs in which there were more chairs (available jobs) than players (job seekers). As a result, employers had to increase wages in order to attract workers to their openings. But since this left other...

A lot of good and assorted News topics to be read. I did not include any about the upcoming election. I did include one on polling. The same as 2020, I believe the polling results are tainted. We are not getting a clear picture from polling or news reporting. That is just one of 30-something articles and links here this week. Heavy on healthcare. and the Economy, otherwise an eclectic mix of assorted news topics. Politics “Only the GOP...

Manufacturing, construction, and job openings all show an economy under stress – by New Deal democrat As usual, we begin another month with important manufacturing and construction data. Additionally, the JOLTS report for September was also released. The ISM manufacturing index has a very long and reliable history. Going back almost 75 years, the new orders index has always fallen below 50 within 6 months before a recession, and in three...

Cheap labor versus Innovation . . . “Dutch innovators vs Dutch farmers,” The one-handed economist, David Zetland. This past weekend, I visited the Dutch Design Week exposition in Eindhoven (home of Philips). There were  hundreds thousands of interesting (and sometimes baffling) displays, demos and ideas scattered around town. One that caught my eye was from a team trying to sell an “easy harvesting” devise that could be used on small-scale...

The Humiliation Of Hu Jintao  The recently completed onec-every-five-years Party Congress in China, which confirmed Xi Jinping for a third term as General Secretary of the party, punctuated his apparent assumption of essentially total power by humiliating his predecessor, Hu Jintao, in its final session. At the beginning, he was forced to leave the session, with two men clearly pulling on his clothing in a widely seen video to make him get up and...

Two posts are at the bottom of this one. Just talking about on-purpose emission of exhaust by pickup trucks which have had the emissions control devices altered. They did this to blow black exhaust out of their exhaust. This report on Treehugger is an update on how well the world is doing. Simple terms, it ain’t. The goal with the implementation of conditional NDCs, plus additional net-zero commitments, was to achieve a 1.8°C rise. The United...

“A global house-price slump is coming,” The Economist, edited. I find this article to be interesting although I do not agree with much of it. Prices are an issue; but so are interest rates. Much of the costs of housing can also be from house manufacturing waste. I was watching my new home being built. The scrap is horrendous. The do-overs because of a lack of critical path are numerous. Quality is inspected into homes and not built into a home. I...

Lifted from notes from David Zetland’s news letter Interesting Stuff: The sustainability challenge is not population as much as consumption. Me in 2009: “A sustainable economy is like a sustainable lifestyle: Minimize your consumption, put something away for a rainy day, and MAKE SURE that you are selling good quality at a good price.” NYT 2022: “By any standard, American lives have become excessive and indulgent, full of large homes, long trips,...

Q3 GDP: good news for now, bad news for the future  – by New Deal democrat I have to keep this note brief, since I am on the road. As you presumably already know, real GDP was positive for the Third Quarter, up 2.6% at an annual rate: Subject to revisions in the next several months of course, but for the moment, this puts to rest ideas that the US economy was in a recession earlier this year, since the decline was very shallow and not...