Political Economy category archive
Nothing To Do, Nowhere To Go 0
Still not bad.
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, dropped to 258,500 from 260,750 in the prior week.
The number of people continuing to receive jobless benefits declined by 36,000 to 2.11 million in the week ended Sept. 10, the lowest level since May.
“Nothing To Do, Nowhere To Go” 0
No significant change:
(snip)
The less-volatile four-week average of jobless claims dropped to 260,750, the lowest level since the end of July, from 261,250.
That’s 80 weeks under 300k.
Nothing To Do, Nowhere To Go 0
No change worth noting (emphasis added).
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, declined to 261,250 from 263,000 in the prior week. Filings have been below 300,000 for 79 straight weeks — the longest stretch since 1970 and a level economists say is typically consistent with a healthy labor market.
The number of people continuing to receive jobless benefits dropped by 7,000 to 2.14 million in the week ended Aug. 27. The unemployment rate among people eligible for benefits was 1.6 percent for a seventh week. These data are reported with a one-week lag.
The Trouble with Education 0
This pretty much sums up what’s wrong with public schools. It’s not the schools, it’s Republican-controlled governments that do not believe in the public good.
After we stuffed her basket with folders and paper for her students, she started looking at office supplies like staplers and paper clips. “Doesn’t your school give you those for your classroom?” I asked innocently. “No,” she replied, literally shaking her head.
The night before her first day of school, she received an email stating that the school is no longer able to supply ink for her classroom printer. So now she must purchase that as well.
Follow the link for more.
“Nothing To Do, Nowhere To Go” 0
For all practical purposes, no change:
(snip)
Filings have been below 300,000 for 78 straight weeks, the longest stretch since 1970 and a level that is typically consistent with an improving job market.
The number of people continuing to receive jobless benefits rose by 14,000 to 2.16 million in the week ended Aug. 20. The unemployment rate among people eligible for benefits held at 1.6 percent.
Bloomberg is all a-titter because the figure is a measly 2,000 lower than its forecast (that’s 0.7%); that’s much ado like not much of anything.
A pox upon their forecasts, a veritable pox, I say, and a greater pox upon their incessant nattering about them.
You Too Can Be on Television! 0
At Science 2.0, Edzard Ernst explains how to become a charlatan.
The Reno Speech 0
Here is Hillary Clinton’s Reno speech in which she sliced and diced Donald Trump. You can read a transcript at TPM.
Via Delaware Liberal.
Nothing To Do, Nowhere To Go 0
Still not bad.
(snip)
Filings have been below 300,000 for 77 straight weeks, the longest stretch since 1970. That is typically consistent with an improving job market.
The number of people continuing to receive jobless benefits dropped by 30,000 to 2.145 million in the week ended Aug. 13, below the Bloomberg survey median forecast. The unemployment rate among people eligible for benefits held at 1.6 percent. These data are reported with a one-week lag.
Never What It Said It Was 0
Francis Wilkinson points out that Teabaggery has never been about what it claims to be about.
It is not a tax revolt; it is a tax grab.
A snippet (emphasis added):
Until Donald Trump came along.
Trump, whose genuine populist instincts appear unconscious of, and unencumbered by, American history, dispensed with the tri-corner hats. His offer required no validation from neo-colonials, no resort to hallowed principles of limited government. Trump’s deal was straight up: He would secure the government programs — Social Security, Medicare — that benefit older, whiter Tea Party voters while chasing younger, browner Americans away from the public trough. He would even clear out of the country anyone who failed to prove citizenship.
More at the link.
Nothing To Do, Nowhere To Go 0
Status quo ante:
(snip)
The figure has been below the 300,000 level for 76 consecutive weeks, the longest stretch since 1970. That is typically consistent with an improving job market.
The number of people continuing to receive jobless benefits rose by 15,000 to 2.175 million in the week ended Aug. 6, the highest level since April though still historically low. The unemployment rate among people eligible for benefits was 1.6 percent for a fourth straight week. These data are reported with a one-week lag.
Nothing To Do, Nowhere To Go 0
For all practical purposes, status quo ante.
(snip)
The number of people continuing to receive jobless benefits rose by 14,000 to 2.16 million in the week ended July 30. The unemployment rate among people eligible for benefits held at 1.6 percent.
If One Standard Is Good, Two Must Be Better 0
Dave Helling notes that sauce for the Democratic goose is not sauce for the Republican gander:
Republicans used to make great fun of President Barack Obama for using a teleprompter, . . . .
(snip)
Gosh, I wonder if they’re rethinking those words.
That’s because Republicans of all stripes are now begging presumptive nominee Donald Trump to use a teleprompter when he speaks. Teleprompter Trump is good Trump, they say.
More at the link.
Nothing To Do, Nowhere To Go 0
This marks the 74th straight week that claims have been under 300k.
The four-week moving average increased to 260,250 last week after falling to 256,500 in the previous period, which was the second-lowest level since 1973.
The number of people continuing to receive jobless benefits dropped by 6,000 to 2.14 million in the week ended July 23. The unemployment rate among people eligible for benefits held at 1.6 percent. These data are reported with a one-week lag.
(Almost forgot it was Thursday.)
Funny Money 0
Man skates on money laundering charge when Florida judge rules that Bitcoin is not real money.
Aside:
One more time, all currency is fiat currency. No currency or specie, real or virtual, including gold or silver, has value unless persons believe it has value.