Boeing’s top executive explains why it crashed
Boeing has crashed. Boeing’s top executive explained why in 2014. We didn’t listen; it’s not too late for us to learn.
wages
The grim facts behind the great employment numbers
Look behind the unemployment numbers at the disturbing truth about the most important market in America – the market for labor.
Causes of rising income inequality, makers of a New America
While the news media fills the air with flotsam and jetsam, powerful forces reshape America. Chief among them is rising income inequality. Like so much happening to us, it results from rational policies skillfully executed by our rulers for their benefit, not ours.
Today’s Jobs Report Is Important, But Not For The Reasons You’re Given
Summary: It’s time for the monthly festival of misinformation about the jobs report! It shows two key trends giving bad news for investors, the Fed’s governors, Team Trump, and America. They shatter the dreams of growth that flowered in 2015 (for the third time in this expansion). This is the second of today’s two posts. May’s …
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Surprising revelation: Janet Yellen reveals why the Fed is raising rates!
Summary: Usually we can only guess at the motives of our senior officials. But on rare occasions they give us clues to their real priorities and objectives. The Fed is especially opaque, so we speculate about their odd rate increases during a slow and slowing economy. Yesterday Janet Yellen explained why. The answer is shocking …
Surprising revelation: Janet Yellen reveals why the Fed is raising rates! Read More »