Archive for the ‘New Posts’ Category

A quick comment on GDP growth

May 26th, 2017

Revised GDP came out this morning for the first quarter of 2017, and the headline number was 1.2%, revised up from 0.7% in the preliminary report. That’s quarterly growth, annualized. But OTE’ers know I’m all about the bass year-over-year trend, which came in at 2%. Same as last quarter. Same as the average growth rate… Read more

Catching up on some links…

May 25th, 2017

…to stuff in faraway lands. EG, here’s a piece in the NY Daily News wherein I argue that for all the voices proclaiming that Trump’s really nasty and thoroughly mathematically challenged first budget is “dead-on-arrival” in the Congress, that’s unfortunately not quite accurate. Why not? Because “virtually every priority in Trump’s budget is one that Republicans… Read more

I’ll have more to say about stuff soon, but…

May 23rd, 2017

I can’t just ignore this Manchester suicide bombing and go about my business. There’s so much negativity and horror in the world right now, including terror, of course, but also a level of greed, inequality, and power-abuse that just keeps growing. There is much beauty as well, and a growing, robust resistance such that I… Read more