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Leading housing construction data stabilizes, while units under construction continue free-fall. With a continued hurricane asterisk

[unable to retrieve full-text content] – by New Deal democrat Housing data for October, like that for September, has to be viewed with an asterisk, due to Hurricanes Helene and Milton. Since the effects of both were in the South Census Region, where relevant in the analysis below I will also discuss the numbers excluding that region. The most leading […] The post Leading housing construction data stabilizes, while units under construction continue free-fall. With a continued...

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Primary care physicians and unions

[unable to retrieve full-text content]One of the phenomena that have led to increased income inequality and the hollowing out of the middle class in America is the decline of unions. Recently, it appears that some workers are trying to claw back some of that lost economic ground. Now I don’t count PCPs as middle class or working class. Yes, […] The post Primary care physicians and unions appeared first on Angry Bear.

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Just a Bunch of Charts Depicting Immigrants Coming to America

[unable to retrieve full-text content]The U.S. benefits from immigration but policy reforms needed to maximize gains: Recommendations and a review of key issues to ensure fair wages and labor standards for all workers, Economic Policy Institute – by Daniel Costa, Josh Bivens, Ben Zipperer, and Monique Morrissey Migrants and immigrants who resided in the United States in 2022 accounted […] The post Just a Bunch of Charts Depicting Immigrants Coming to America appeared first on...

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$9.5 Billion USPS Loss for 2024

[unable to retrieve full-text content]Amid $9.5 Billion USPS Loss for 2024, Keep US Posted Releases Comical Video to Support ‘USPS SERVES US Act’ – by Beth Dozier “Keep US Posted,” WASHINGTON, D.C. (November 14, 2024) — Keep US Posted — a nonprofit advocacy group of consumers, nonprofits, newspapers, greeting card publishers, magazines, catalogs, forestry and recycling interests, and small businesses — today […] The post...

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Kausalitet — en crash course

Kausalitet — en crash course Yours truly har under några år hållit i en kurs för forskare på Malmö universitet kring kausalitet. Den som är intresserad kan ta del av kursens powerpoint här: Kausalitet — en crash course Många frågeställningar inom samhällsvetenskapen idag handlar i grunden om frågor angående kausalitet. Vad ligger bakom den ökade arbetslösheten? Vilka effekter har friskolorna på elevernas betyg? Men även inom politiken förekommer frågor om...

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NAIRU — a harmful fairy tale

NAIRU — a harmful fairy tale The NAIRU story has always had a very clear policy implication — attempts to promote full employment are doomed to fail since governments and central banks can’t push unemployment below the critical NAIRU threshold without causing harmful runaway inflation. Although a lot of mainstream economists and politicians have a touching faith in the NAIRU fairy tale, it doesn’t hold water when scrutinized. One of the main problems with...

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Tariffs As A Fiscal Tool? — Brian Romanchuk

Has Trump thought his tariff proposal through? Brian gives reasons to doubt that this move would be successful in replacing the income tax or substantially affecting it.BTW, Brian has migrated from X to Bluesky along with many others in the fields of economics and finance. Links provided at the end of the post.Bond EconomicsTariffs As A Fiscal Tool?Brian Romanchuk

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Trump’s dictatorship is a fait accompli

What can Americans do? What should Australia do? A few weeks ago, I drew up a flowchart to estimate the probability that Trump would establish a dictatorship in the US, which looked, at the time, like an even money bet. We don’t need to speculate any more. Trump has announced the dictatorship, and there is no sign of effective resistance. The key elements so far include Extremists announced for all major positions, with a demand that they be recess appointments, not subject to...

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