– by New Deal democrat AB: What does the Sahm rule signify? If the three-month moving average of the jobless rate rises by at least a half-percentage point from its low during the previous 12 months, then a recession has started. NDd; In my summation of Friday’s employment report, I wrote that “[t]here will probably […]
The title is mine. I am wondering why Democrats are so willing to self-destruct. Here we are again, shades of 2016. Some claiming they will vote for others, the Greens, Libertarians, Socialists, Mickey Mouse, Donald Duck, the family dog, etc. Do we hear much from the Republican constituents about Trump’s very apparent idiosyncrasies? Rare and […]
By David Zetland The one-handed economist I found, while reading this book, that I paid a lot more attention to concrete, and steel, and other aspects of our built environment. It forced me to balance away from the digital world where I spend too much time. The author, Ed Conway, devotes a section to each of […]
Walmart Fined $1.64 Million by NJ for Unlawful Pricing Practices, New Jersey Digest New Jersey has fined Walmart Inc. $1.64 million for repeated violations of state pricing laws. The penalty follows an investigation that revealed Walmart’s pricing discrepancies made comparison shopping difficult for customers. New Jersey’s Division of Consumer Affairs found that Walmart frequently displayed […]
By Lynn Parramore Institute for New Economic Thinking AB: As soon as it said Global Supply Chain, I was interested. I spent much of my career working globally in Asia and Europe for various nationalities. I did make some comments in the text of half of this interview. Maybe indulge a little bit and catch the […]
I was unable to get all of a candidate’s healthcare policies in one place in some cases. You will see where I said so as stated “More on . . .” If you need the entire list for a candidate or both, I have included the links to the article and on each where the […]
Fresh off Robert’s substack. I do not believe he likes me too much as I am all over everything said from time to time. I do not get the “friends” bit either. With Trump, this is war and he has to go. Some of his supporters will be disappointed when he turns on them. Meanwhile […]
One has to wonder whether the misspelling is purposely done to attract attention or is a true misspelling of dementia. If you can not spell it correctly, how can you accuse a successful president who sidestepped a pandemic, kept a nation going during the pandemic, and has many other accomplishments over the past years. Pennsylvania […]
by Dean Baker Center for Economic and Policy Research That’s what readers must conclude after reading this Washington Post’s piece on President Biden’s plans to increase corporate taxes and taxes on the rich. At one point, the piece reports the response to these plans from Rep. Steven Scalise (R-La), the second-ranking Republican in the House: “He tries […]
There is another version to this which I may get into in the comments section. CDS were not known at the time to be dangerous investments by Wall Street Banks. Besides Long Term Capital, AIG was offering CDS insuring other CDS. The problem arose when AIG’s credit default swaps did not call for collateral to […]