Thursday, November 5, 2026

Labor share of business income makes another new low in 3Q2026

 BLS indicates here:

... The labor share, which is the percentage of output that accrues to workers in the form of compensation, was 53.0 percent in the third quarter of 2026, the lowest level in the series, which begins in the first quarter of 1947. ... 

 

 

Previously:


 

Prediction: Democrats will save Social Security, and Trump will sign it

 And then they can impeach him.

Trump to CNBC: Can work with Democrats on ‘many more things than people understand’

 

This Vance attack is just chef's kiss for the blind defenders of Trump like Marc Thiessen

 Just another chapter in the pulp fiction MAGA writes: Trump cannot fail, he can only be failed.

 Thiessen: Iran War Didn't Cause High Gas Prices, Vance's Failed Negotiations With Tehran Did

"... I was kind of shocked by that statement that Vice President Vance put out. It was, quite frankly, disloyal to the President of the United States. ..."

The idea Vance was talking his own book is absurd.

... Trump did address the election after being asked if he agreed with Vice President JD Vance's assessment that the Iran war cost Republicans the election.

"I think it's largely true because it drove the gasoline up a little bit short term and probably that's, probably it's true," he admitted. ...

More. 

Voters say the economy drove them to the polls — and blame Trump for their troubles 

Ah, so it wasn't corruption after all, eh CNBC? 

 

 

DeSantis channels his inner Limbaugh, blames GOP voters for staying home instead of blaming Trump for breaking his promises

 Here.

"... a lot of our voters who stayed home, they stayed home because they were frustrated with the lack of productivity from Republicans in the House and Senate. ..."

Gotta do better than that, Bud.

The invisible hand of error


 How many have no other ground for their tenets, than the supposed honesty or learning of those of the same profession! as if truth were to be established by the vote of the multitude.
 
-- John Locke