Political Economy category archive
Nothing To Do, Nowhere To Go 0
Still under 300k.
Jobless claims rose by 3,000 to 271,000 in the week ended June 20, a Labor Department report showed Thursday in Washington. The median forecast of economists surveyed by Bloomberg called for 273,000 new applications.
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, dropped to 273,750 from 277,000 in the prior week.
The number of people continuing to receive jobless benefits rose by 22,000 to 2.25 million in the week ended June 13. The unemployment rate among people eligible for benefits held at 1.7 percent. These data are reported with a one-week lag.
Nothing To Do, Nowhere To Go 0
Still not bad. (Link fixed; syntax error.)
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, dropped to 276,750 from 278,750 the week before.
The number of people continuing to receive jobless benefits decreased by 50,000 to 2.22 million in the week ended June 6.
Trickle-On Economics in One Picture (Updated) 0
When Republican economic theory is put into use, its underlying lies and fantasies come home to roost.
Via the Bob and Chez Show Blog.
Addendum, Later That Same Day:
This.
Nothing To Do, Nowhere To Go 0
Still not bad.
Jobless claims rose by 2,000 to 279,000 in the week ended June 6, a Labor Department report showed Thursday in Washington.
(snip)
The four-week moving average, a less volatile measure than the weekly numbers, climbed to 278,750 last week, from 275,000.The number of people continuing to receive jobless benefits rose by 61,000 to 2.27 million in the week ended May 30.
Trickle-On Economics 0
Tony Norman explains the con.
Imagine that: Rich people had as their first line of defense against “onerous” tax rates the greed and unrealistic expectations of their economic inferiors. Back then, working-class stiffs and middle-class strivers — the same people who now find themselves holding onto the rapidly unraveling threads of the American Dream — opposed taxing the rich because they expected to be just as rich someday.
Somebody got played for suckers — and it wasn’t the rich!
Lost in a Lost World 0
Steven M. tries to figure out the Republican base. A snippet:
We know that ordinary Republican schmucks think they’re heroes of the political movies that play in their heads. We know that a lot of billionaires think they’re Hitler’s victims. Why wouldn’t this message be received the same way by Carson and Huckabee and Cruz and the rest (of the candidates in the clown car–ed.)? Where do we think these folks get their news anyway? I bet it’s not from NPR.
Here in Virginia, you can get vanity plates for your car with the “Don’t Tread on Me” snake from the Gadsden flag where the hyphen would normally be. I reckon the folks who get them figure they are making a statement, but I doubt that they realize what the statement means to those outside their bubble.
When I see one of those plates, my silent response is, “Thanks for announcing that you are a bigot. Now I know who I am dealing with.”
Nothing To Do, Nowhere To Go 0
Better, with hints of a trend.
(snip)
The four-week average of applications, a less-volatile measure than the weekly figure, increased to 274,750 from 272,000 in the prior week.
The number of people continuing to receive jobless benefits declined by 30,000 to 2.2 million in the week ended May 23, the fewest since November 2000.
The most unexpected news is that Bloomberg’s experts got it right.
For once.
Bang for the Buck 0
These folks, in contrast, do get what they pay for.
Nothing To Do, Nowhere To Go 0
Maintaining a positive trend:
Jobless claims increased by 7,000 to 282,000 in the week ended May 23, a Labor Department report showed Thursday in Washington.
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, climbed to 271,500 from a 15-year low of 266,500 the prior week.
The number of people continuing to receive jobless benefits increased by 11,000 to 2.22 million in the week ended May 16. The unemployment rate among people eligible for benefits rose to 1.7 percent from 1.6 percent. These data are reported with a one-week lag.
Nothing To Do, Nowhere To Go 0
Somewhat better.
The four-week average for jobless claims decreased to 266,250 in the period ended May 16 from 271,750, a Labor Department report showed Thursday in Washington.
(snip)
The number of people continuing to receive jobless benefits decreased by 12,000 to 2.21 million in the week ended May 9, the lowest level since November 2000.
Republican efforts to counter this trend are, no doubt, continuing.
Brackets 0
Dick Polman offers his suggestion for managing the Republican “debates”: Brackets. He says, “Under my system, only a manageable handful will make it to debate night.”
Here’s his list of proposed brackets; follow the link to see who he thinks should be in each one.
- The blasphemy bracket.
- The nutjob bracket.
- The bloodlust bracket.
- The quack bracket.
- The chutzpah bracket.
- The random bracket.
Nothing To Do, Nowhere To Go 0
Still somewhat positive.
(snip)
The number of people continuing to receive jobless benefits held at 2.23 in the week ended May 2.In that same period, the unemployment rate among people eligible for benefits held at 1.7 percent, where it’s been since mid-March, the report showed.
Aside:
It is almost certain that the Republican Party is looking for a way to reverse this trend.
The “Me” Generation 0
It’s not who you think they are.
Nothing To Do, Nowhere To Go 0
Still trending positively.
(snip)
The number of people continuing to receive jobless benefits dropped by 28,000 to 2.23 million in the week ended April 25, the fewest since November 2000.
Nothing To Do, Nowhere To Go 0
For all practical purposes, status quo ante.
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, climbed to 284,500 from 282,750 in the prior week. The comparable reading for the March payroll survey week was 305,250, signaling employment could have picked up.
The number of people continuing to receive jobless benefits rose by 50,000 to 2.33 million in the week ended April 11. The unemployment rate among people eligible for benefits held at 1.7 percent, where it’s been since mid-March. These data are reported with a one-week lag.
The Snaring Economy 0
Seems Uber may be the ride for the discriminating.
In a decision late Friday night, U.S. Magistrate Judge Nathanael Cousins in San Jose, California, said the plaintiffs could pursue a claim that Uber was a “travel service” subject to potential liability under the Americans with Disabilities Act.
The judge also rejected Uber’s arguments that the plaintiffs, including the National Federation of the Blind of California, lacked standing to sue under the ADA and state laws protecting the disabled.