Taking a Closer look at Other 3+% GDPs
Over the years, I have criticized a variety of official data points as misleading: Consumer Price Index (CPI) for woefully understating...
Banned OSHA Films
Here’s a nice Labor Day themed story. In 1980, the last year of Jimmy Carter’s administration, the Occupational Health and...
2001-07: Weakest Post WW2 Recovery on Record
Floyd Norris’ column in Saturday’s NYT hits upon one of our favorite themes: That the 2001-07 recovery was one of, if not...
Civilian Unemployment & Recessions
The year on year rate of change of the official civilian unemployment rate is the measure, and when this passes 15, then every time it...
Surprise! Income Rises (In 2006 from 2000)
Today’s media pick is from the NYT. For the first time since 2000, the average income actually rose in the US, according to IRS...
Denver Reality: Ignore Economists/Politicians, Speak to Regular...
With celebrations set to kick off in Denver for the Democratic National Convention, the JOURNAL travels to Colorado where tough economic...
Fuzzy Numbers
Interesting discussion on some of my favorite pet peeves: CPI, Unemployment, NFP, etc. via Chris Martenson’s Crash Course.click for...
Investment Postcards’ Words from the Wise
Words from the (investment) wise for the week that was (July 28 – August 3, 2008) As oil prices seesawed through the past week, fresh...
NFP is . . . -51k; Unemployment 5.7%
I am off to the big lake to do some fishing, so I don’t have time to take the data apart. While I am gone, use the comments to fill...