Hemlock Semiconductor continues as an independently run entity with two shareholders: Corning Inc. owns 80.5%, and Shin-Etsu Chemical owns 19.5%. Hemlock specializing in specialty glass, ceramics, and related materials and technologies used in semiconductors. Biden has a high-tech problem in Michigan, Christine Mui, Politico, 02/20/2024 Some Information Corning Incorporated is an American multinational technology...

The facts may surprise you. Here are the numbers https://www.pitbulleconomics.com/purchasing-power/

Is Late Economic Reporting the Cause of bad perceptions by the population? Open Thread February 13 2024 Inflation cooled again in January . . . Angry Bear Tags: Open Thread Feb 21 2024

WEDNESDAY, FEBRUARY 21, 2024 Perceptions of inflation vs. wage growth: why the divergence?  – by New Deal democrat My recent travels included visits to cousins and their children on both sides of my family. Without any prompting from me, inevitably the table talk turned to the state of the economy. Rather than Bigfoot the opinions of my relatives, I decided to sit back and listen until they were all done before I weighed in. The most...

This will be a long boring post amplifying on my slogan “asymptotically we will all be dead.” I assert that asymptotic theory and asymptotic approximations have nothing useful to contribute to the study of statistics. I therefore reject that vast bul of mathematical statistics as absolutely worthless. To stress the positive, I think useful work is done with numerical simulations — monte carlos in which pseudo data are generated with pseudo...

Samuelson's Surprising Neoclassical Paradigm Take

Gabriel Boric Is Struggling to Boost Chile’s Meager Pensions, Jacobin, Phineas Ruekert. Dale Coberly on Social Security: Not so long ago (2003) the Liars who want to destroy Social Security in America were bragging about the privatized pension system adopted by Chile.  Many of those liars commented on my posts on AB.  Here is an update. This is what Chile’s great privatized pension system looks like today. Jacobin’s Phineas Rueckert: Zuñiga is...

Government Debt Crisis Exposed

I believe Angry Bear has touched upon Right to Work several times now; here, here, and now today. This brief touches upon RTW laws damaging state economies. Data show anti-union ‘right-to-work’ laws damage state economies: As Michigan’s repeal takes effect, New Hampshire should continue to reject ‘right-to-work’ legislation, Economic Policy Institute, Jennifer Sherer and Elise Gould, February 20, 2025 Key findings: Data show that...

This is a tough issue if it is the employer. By that I mean, you may have to put up with it if the economy is poor and jobs are few. I have run into similar situations. When the economy turns around, I left. Just said my good-byes and left. No incriminating remarks as to why I left as it may do no good. Indeed, someone from a company may ask them about you and your remarks about the former employer may come back to haunt you. When it involves...