Gerrymandering Michigan
I have been somewhat of a thorn in the Michigan Republican’s side as I know about the PPACA, can explain how it will benefit Michigan,...
Author : Angry Bear
New Revisions of Labor Share show economy at the effective demand limit
Labor share data going back many years was revised last week. According to these new revisions, the economy has been against the effective demand limit...
Inflation is not a reason to normalize nominal rates… Lower potential output is
There is a concern that many economists want the Federal Reserve to tighten monetary policy because the inflation monster is lurking out there. Maybe tighten...
Tesla wants $500 million for its Gigafactory
Leigh McIlvaine of Good Jobs First alerted me to this article on what Tesla Motors wants in incentives to land its $5 billion Gigafactory: $500...
The proper term is Effective Demand
I have written before that Paul Krugman is in a process of illumination about inequality. Today I see that he wrote about how inequality reduces...
“No Tatoos, Go Home” Dreamer
Two illegal immigrants Erika Andiola and Cesar Vargas engage Republican Representative Steve King on staying in the US. Watch tough guy Rand Paul scamper away...
More drought?
Is there more drought in store for California and the Southwest? The Kelvin Wave that preceded an El Nino has dissapated and the El Nino not not...
Update on Consumption by Capital income
One economic variable that I track is the percentage of capital income used for consumption. It is not an exact number but an estimate in...
Medicare report shows Obamacare is bending the cost curve
The 2014 Medicare Trustees Report has just been released, and it shows that the program is on noticeably sounder financial footing than it was just...
Policy Prefs: I’m Right at the Peak of the Common Man’s Bell Curve. Where Are You?
The idea of democracy is to give the people what they want, right? Ezra Klein points us to a great study by Ray LaRaja and Brian...