Category Archives: Economy

November jobs report, last in our series and a good one

Posted on November 2, 2012 by

Well, we’ve reached the end of this series that I started back in March. This was all inspired by a blog post by Nate Silver who suggested that the employment situation would be one of, if not the, most important … Continue reading →

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For first time in my life, I won’t be voting on principle…

Posted on November 1, 2012 by

…alone. This occurred to me the other day when my wife and I were having one of those “kitchen table talks” about finances. I have always taken a kind of foolish pride in telling myself that I was casting my … Continue reading →

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October jobs report: It’s a conspiracy! ZOMG!

Posted on October 5, 2012 by

So the BLS released their latest jobs report this morning, and, well, while I’m not sure this reaction is entirely warranted (or was meant to be taken seriously), Unemployment drops to 7.8%! What debate? #Forward #21cP #p2— Bill Talley (@Political_Bill) … Continue reading →

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About that 47%

Posted on September 18, 2012 by

The political world (which often lacks the loosest attachment to anything like reality) is still agog over the Romney videos released by David Corn at Mother Jones. A lot has been said and will be said over the next week. … Continue reading →

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More video from Romney fundraisers

Posted on September 17, 2012 by

Mother Jones just released several videos of Romney talking to donors at a private fundraiser and the general consensus is that they are devastating to Romney. In the video, Romney says: There are 47 percent of the people who will … Continue reading →

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Romney tells heartwarming story about buying a Chinese sweatshop

Posted on September 15, 2012 by

I saw this on Ezra Klein’s blog who saw it on Political Wire. Whoever edited the video characterizes the factory work as slave labor, but that is inaccurate. Still, it’s certainly a pretty good illustration of what labor conditions are … Continue reading →

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Finally!

Posted on September 13, 2012 by

In case you missed it, the Fed announced QE3 today. QE1 and 2 were kind of the same, but QE3 is different. Oh so different. Sometimes the sequels are worse than the originals, like Crocodile Dundee, Home Alone, Jurassic Park, … Continue reading →

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This seems like a BFD to me.

Posted on September 13, 2012 by

QE3. This isn’t my dream of super-clear forward guidance, but it’s a huge step in the direction of Krugman/Woodford style precommitment. The key thing is that they’re no longer saying that accommodative monetary policy is conditional on the recovery being weak. Instead, … Continue reading →

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September jobs report: bad time for bad news

Posted on September 7, 2012 by

As the title suggests, the jobs report released by the BLS today wasn’t very good. I’m sure conservatives are very sad about this because they would never ever root for America to fail for their own gain. Total nonfarm payroll … Continue reading →

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DNC day three reaction: making the case

Posted on September 7, 2012 by

This will be a bit shorter than the previous two reaction posts because I also want to talk about today’s jobs report, and what it might mean. After two incredibly emotional and uplifting days, it may have been understandable if … Continue reading →

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