Archive for the ‘New Posts’ Category

November job gains beat expectations, as Wal S’yas (reversed Say’s Law) takes hold

December 6th, 2019

Payrolls rose by 266,000 last month and the unemployment rate ticked down slightly to 3.5%. Hourly wage growth for all private sector workers remained where it has been, up 3.1%, year-over-year, while the pay of lower-wage workers–the 82% of payroll employment that’s blue collar in factories and non-managers in services–has been trending up a bit,… Read more

Things to like, not like, and to be unsure about re Sen. Warren’s M4A plan (along with a mea culpa)

November 5th, 2019

Along with many others, I’ve had lots of things to say about Sen. Warren’s Medicare for All (M4A) plan, some positive, some negative, some head-scratchy. But because the issue is so politically loaded, both in terms of the Democratic primary and conservative antipathy toward this or any other idea that expands government’s role in health… Read more