Economy

Declare Victory in Afghanistan and Get the Hell Out Now!

Warmongering Morons Please consider Ha Ha Ha to the Pacifists by warmonger Christopher Hitchens, written November 13, 2001. I began to…

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The Labor Force Adjusted Unemployment Rate is Still 10%

Powell Calculation I discussed Powell’s adjusted unemployment rate on March 2, in How Did the Fed Conclude the Real Unemployment…

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Private Payroll Rise a Whopping 465,000 and the Unemployment Rate Dips Slightly

BLS Jobs Statistics at a Glance The BLS reports total nonfarm payroll employment rose by 379,000 in January. Private payrolls…

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U.S. adds a strong 379,000 jobs in hopeful sign for economy

A year into the pandemic that triggered a violent recession, economists are increasingly optimistic that hiring will pick up in…

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Fed Hubris: Housing Prices Show the Fed is Making the Same Inflation Mistake

Case-Shiller Home Price Index Levels Here We Go Again The Case-Shiller Home Price indexes (a measure of repeat sales of…

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Powell Confirms Easy Money Until the Cows Come Home

Fed to Maintain Easy-Money Policies Jerome Powell says “It Will Take Some Time” until his personal goals are met although…

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Bipartisan Senators Seek to Strip Biden of War Powers

Senators Go After Endless Wars In a long overdue effort Bipartisan Senators Introduce Bill to Strip Biden of War Powers.…

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Democrats Propose a “Fair Way” Forward. Who Get’s the Free Money?

Democrats to Change Eligibility for Direct Payments Commenting on revised eligibility rules, Senator Debbie Stabenow of Michigan, a member of…

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California City Bans New Gas Stations and Also Says No More Pumps

No More Pumps Electrek discusses Petaluma’s Ban on New Gas Stations. Existing gas stations aren’t being shut down in Petaluma.…

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Two States Fully Reopen All Businesses at Full Capacity Without Masks

Texas is 100% Open Everything, Including Masks says Governor Greg Abbott Mississippi Governor Tate Reeves (R) Lifts All Mask Mandates…

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