Two weeks in a row an economic report, first on jobs, then on retail spending, smashed expectations, only to be simultaneously dismissed as a positive trend and used as an excuse to raise interest rates. Two weeks ago, the moribund United States job market received a much needed jolt, when the May report from the… Continue reading When good news is bad, the wisemen are all fools once again
Tag: jobs report
Biden’s in a box, the walls are closing in, and the box itself is sinking in the middle of the ocean under the weight of events
It’s not just Afghanistan and the specter of a hostage crisis with the Taliban. Inflation is vastly outpacing job creation and driving down wages. The border remains in crisis and the courts have ordered the reinstatement of some Trump era policies. Violent crime is on the rise and the pandemic continues. The best Biden can… Continue reading Biden’s in a box, the walls are closing in, and the box itself is sinking in the middle of the ocean under the weight of events
What’s with the awful jobs report?
While liberals and conservatives fight over the causes of the suddenly tight labor market, everyone is missing the real story: The projections are biased in favor of big government spending and have been for years now, just compare what the experts were saying before and after Biden’s inauguration to see for yourself. There’s no debate: … Continue reading What’s with the awful jobs report?


