What’s Going On With The Economy: Making Sense Of The Clashing Numbers
Summary; Here is a look at today’s data, helping to spark a rally but in fact showing a slowing economy. Today’s numbers show the clashing signals typical of an economy nearing an inflection point — in...
View ArticleSee America’s income equality grow during 1979-2011, a driver of Campaign 2016
Summary: To understand this election we must see the accumulated stresses which produced the insurgencies in both parties. Rising income inequality — “the hollowing out” of the middle class and rise of...
View ArticleDebunking the happy headlines about job growth
Summary: The news overflows with chaff about the economy. It’s great! It’s a recession! Neither is true. Since the 2009 trough we have had growth — but unusually slow growth. Here we look at one...
View ArticleMay’s job report shows the beginning of the end for the recovery
Summary: First, the good news: the May number was awful but probably noise. Then the bad news: job growth is slowing fast. It’s the among last economic metrics to roll over, suggesting that we’re...
View ArticleWhat you haven’t been told about the July jobs report
Summary: Another jobs report, more clickbait headlines about the monthly noise. Here’s a look beneath the glitz to the important news. The US economy continues slow steady growth, with continued signs...
View ArticleTo understand the jobs report, see the state of the economy
Summary: The economy is slowing — slowly. September’s weak employment growth fits in this picture. To see how, look at the current state of the economy — the essential context necessary to make sense...
View ArticleSee the mystery of US GDP, and understand ourselves better
Summary: It's the simple things that provide a mirror in which we can see ourselves, and the roots of America's problems. Such as this graph showing estimates of US GDP for Q1 2015 -- getting more...
View ArticleHow to watch the economy & prepare for the next recession
Tweet Summary: Our sophisticated information systems deliver a blizzard of economic statistics. I strongly recommend that you ignore them, unless useful to you professionally. Life is short; nothing...
View ArticleMeasuring the 21st Century: are our eyes on the economy corrupt & incompetent?
Tweet Summary: The government’s statistics provide the eyes by which we see the US economy. This NBER article explains how they’re working to keep the numbers accurate as the world changes, and...
View ArticleThe grim facts behind the great employment numbers
Tweet Summary: Let’s look behind the unemployment numbers and see the disturbing truth about the most important market in America – the market for labor. I have long been critical of the news media...
View Article
More Pages to Explore .....