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November’s Jobs Report Is Strong, But There Are Caveats

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November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.

Robert Mueller Crosses Trump’s “Red Line” By Seeking Information About Trump’s Finances

Donald Trump Robert Mueller

Mueller crosses Trump’s “red line.”

Supreme Court Justices Appear Skeptical Of Law Barring Legalization Of Sports Gambling

Baseball And Cash

The Supreme Court heard argument today in a case challenging a 1992 law barring sports gambling in all but a handful of states, and the Justices appeared skeptical of the law.

Republicans On Capitol Hill Racing To Avoid End Of Week Government Shutdown

United States Capitol Building, Washington, D.C. Aerial

The current temporary spending measure reached by Congress in September expires on Friday, and Republicans haven’t come up with a solution yet.

Senate Passes Tax Cut Bill On Party Line Vote

tax-forms

The Senate passed a tax cut bill last night, but it leaves a lot to be desired.

Fate Of Senate Tax Plan Still In Doubt

Taxes Adding Machine

With time running out in the year, it’s looking increasingly unlikely that the Senate GOP will be able to meet its deadlines on passing a tax reform bill.

Another Year, Another Stupid Controversy Over Starbucks Holiday Cups

2017 Starbucks Cups

Some conservatives appear to believe that this year’s Starbucks coffee cops are “promoting a gay agenda.”

Jobs Growth Bounces Back From Hurricane-Related Losses

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The Jobs Market bounces back in October, but the numbers are far from impressive.

Trump Nominates Jerome Powell To Head Federal Reserve Board

Donald Trump Jerome Powell

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.

Amazon Would Like The Key To Your House

Amazon Key

What could possibly go wrong?

AOL Instant Messenger To Shut Down After 20 Years

AOL Instant Messenger

In other news, this week we learned that AIM still exists.

Job Creation Declines In September In Report Likely Impacted By Hurricanes

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A very weak jobs report thanks mostly to the impact of two Category 5 hurricanes.

Hugh Hefner Dies At 91

Hugh Hefner Playboy

Hugh Hefner, who became both a cultural icon and a catalyst and reflector of vast social changes, has died at the age of 91.

Republicans Unveil Broad Outlines Of Tax Reform Package

tax-forms

Republicans finally unveiled the outlines of a tax reform package yesterday, but the devil is in the still to be determined details.

Aaron Hernandez Suffered From ‘Severe’ Case Of C.T.E. At Time Of Death, Report Says

C.T.E. Helmet

Former N.F.L. player, and convicted murderer, Aaron Hernandez suffered from a severe case of C.T.E. at the time of his death according to a post-mortem brain study.

Trump Slump? International Travel To U.S. Suffers Noticeable Drop Since January

Air France Plane

Commerce Department figures report a measurable drop in international travel to the United States since the start of 2017.

Eliminating The Debt Ceiling: An Idea Whose Time Has Come?

Debt Ceiling

Perhaps it’s time to consider getting rid of the debt ceiling entirely.

So Far, Trump’s Economy Is Doing Worse Than Obama’s

Trump Shrug 2

President Trump likes to take credit for the state of the economy, but the truth is that things are actually doing slightly worse under his Administration than they were under his predecessor.

August Jobs Report Disappoints As It Fails To Meet Expectations

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August’s Jobs Report came in below expectations.

GDP Growth Solid In Second Estimate, But Can It Be Sustained?

Economy Heartbeat

The new GDP growth estimate shows healthy economic growth in the second quarter, but it’s unclear if it can be sustained.

Plus ça change, plus c’est la même chose

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“I am not overawed, and I am not at all disturbed by the proclamation of college professors who never earned a dollar by the sweat of their brow by honest labor.”–Senator Samuel Shortridge (R-CA) in response to “1,028 economists [who] sent a letter of protest, arguing that protectionism would harm the economy and cause a trade […]

Restricting Immigration Does Not Lead To More Jobs For Americans

Immigration Economic Growth Road Signs

The fundamental premise at the heart of the immigration bill that President Trump backed earlier this month has no merit whatsoever.

DJIA and Jobs Trend

Economy Heartbeat

Plus some comparisons of Trump/Obama and Trump/Bill Clinton.

A Good, But Not Great, Jobs Report For July

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July’s jobs report beat expectations, but the underlying numbers aren’t entirely positive either.

SpaceX Now One Of The World’s Most Valuable Privately-Held Companies

SpaceX Launch

In a short period of time, SpaceX has become a huge success, as has the commercial space launch industry.

Second Quarter Sees Modest Economic Growth In Initial Estimate

Economy Heartbeat

According to initial estimates, the economy grew at faster pace in the second quarter than at the beginning of the year, but it was hardly anything to write home about.

The Incoherent Nature of Nancy MacLean’s Narrative

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A Duke history professor uncovers “stealth plan” by “fifth columnists” who are seeking to overthrow democracy in the U.S. for their plutocrat masters.

A Solid June Jobs Report Signals Bounce Back From Slump In May

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The June Jobs Report was significantly better than what we saw in May but on the whole not different from what we’ve seen for the last three years or so.

Federal Reserve Raises Rates For Third Time Since December

Federal Reserve Building

For the third time since December,, the Federal Reserve has raised interest rates.

A Mediocre May Jobs Report

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May’s Jobs Report was mediocre, suggesting that the economy may be stagnating.

First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economy Heartbeat

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.

April Jobs Report Bounces Back From March Doldrums

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The Jobs Report for April showed much-improved numbers from the disappointment in March.

Trump’s First Quarter GDP Numbers Aren’t Exactly Impressive

Economy Heartbeat

The first scorecard for President Trump’s first economic quarter in office isn’t exactly very good.

Trump Administration Introduces Tax Plan, But Comes Up Short On Details

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The Trump Administration is out with a tax plan, but it’s seriously lacking in details.

ESPN’s Massive Layoffs

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The Worldwide Leader fired over 100 on-air personalities yesterday.

Why Would Anyone Pay $400,000 to Hear Barack Obama Speak?

money-dollar-stacks

The organizers are paying for prestige, not influence.

Bill O’Reilly Out At Fox News Channel

Another big change at Fox News Channel.

Amazon To Stream Thursday Night N.F.L. Games

nfl-logo

Another step toward making it easier to cut the cord.

A Disappointing March Jobs Report

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After starting the year with two good months, the jobs report for March was quite disappointing.

SpaceX Successfully Launches Payload Using Recycled Rocket

SpaceX Launch

Another SpaceX success.

So Far, There’s No Sign Of A ‘Trump Bump’ In The Economy

Donald Trump Shrug

So far, there’s no sign that Donald Trump is having much of an impact on the economy.

Oakland Raiders Set To Move To Las Vegas

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The Oakland Los Angeles Oakland Raiders are headed to Vegas, baby!

Federal Reserve Raises Interest Rates For Third Time In Fifteen Months

Federal Reserve Building

For only the third time since the Great Recession ended, the Federal Reserve Board has raised interest rates.

Some Observations On The Debate Over Health Care And Insurance, Part II

Caduceus

Part Two in a series of observations about health care and health insurance in light of the introduction of the House GOP’s health care plan. This post examines several ideas advanced by conservatives, and the reasons they aren’t complete answers to the problems we face.

Some Observations On The Debate Over Health Care And Insurance, Part I

Caduceus

Part One in a series of observations about health care and health insurance in light of the introduction of the House GOP’s health care plan.

February Jobs Report Is Good, But Hardly Great

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The first Jobs Report for the first full month of the Trump Presidency is out, but it’s nothing to write home about.

Policy Analysts From Left, Right, And Center Criticize House GOP Obamacare Replacement

congress-healthcare

Health care policy analysts seem united in their assessment of the House GOP’s replacement for the Affordable Care Act, and it’s overwhelmingly negative.

Estimates of the Trade and Welfare Effects of NAFTA?

money-investing

I am going to construct a complicated mathematical model of the economy, and then I’m going to calibrate it using some actual data, and in the end I will be able to tell everyone how much better or worse off they are given various changes in the economy. And it will be totally and completely true. Trust me, it’s math and therefore science.

Viewership For Live Televised Events Down Across The Board

tv-remote

Fewer people are watching live television events such as the Super Bowl and Academy Awards.

Trump’s Economic Ignorance Costing the U.S. Jobs

Robot Assembly Line

Trump’s attempt to fix the balance of trade will almost surely end up leaving us all worse off.

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