Sunday, April 9, 2017
Saturday, April 8, 2017
Trump's Council of Economic Advisors to be headed by Kevin Hassett, a pro-immigration, free-trading globalist
FTAlphaville (registration required) summarizes all his problems here, with links.
The libertarians are thrilled.
Looks like Donald Trump is proving to be the Manchurian Candidate Hassett thought Obama was.
Friday, April 7, 2017
Ann Coulter promoted Michael Savage's show on her Twitter feed today
Because he was ranting against Trump's attack on Syria.
I was listening anyway. It was a good presentation of our side of the story vs. Trump.
Good on her. Good on him.
Utterly ridiculous story speculates Pompeii victims were gay
Would you embrace your male friend on the ground as you were both gasping for air while suddenly being overcome and buried by a pyroclastic flow? In your house? In a bar?
Just ask the survivors of the Twin Towers what men and women did for each other in those dire circumstances.
This story is pure clickbait.
One-two punch: GDP forecast for 1Q2017 tanks to 0.6% today after crappy jobs and vehicle sales numbers
According to the Atlanta Fed here.
The Obama economy is still in big trouble under Trump.
Congress is off for two weeks. Maybe things will improve a little.
Trump's attack on Syria has not prevented the enemy from using the airfield
So reports the British-based Syrian Observatory for Human Rights, according to CNBC here.
Gorsuch confirmed to Supreme Court 54-45
The roll call vote is here.
3 Democrats joined the Republicans in confirming despite the changing of the filibuster rule.
1 Republican did not vote.
ADP had private payrolls up 263,000 earlier this week, but we only get 98,000 from the BLS today
When the expected BLS increase to total nonfarm was 180,000.
What's up with that?!
Long story short: Forget ADP, and employment gains have slowed by 15% in the last year.
ADP is designed to try to predict what the BLS is going to say, and is known to fail at this. It is questioned why ADP even bothers. I agree.
A government measure from the Household Survey, the sum of usually full-time and usually part-time, not seasonally adjusted, is up only 1.89 million (157,500 per month) year over year in March 2017.
Total nonfarm, on the other hand, from the Establishment Survey, is up 2.135 million, not seasonally adjusted (178,000 per month) year over year.
That last number, 178,000 per month, is what the BLS also says is the current 3-month average in March 2017.
Compare that to March 2016 when the 3-month average was 209,000.
There's the truth.
The soft number of 98,000 in the headline today contributed to the climb-down in the 3-month average this month. It will be revised next month, probably up because it's so low. But it's the revisions down for the previous two months totaling 38,000 which are the clue to look farther back.
The absolute number is not important because we can't be certain about it. It is only an estimate anyway, not an actual count. But we can be certain that the long-term behavior of the estimates shows an employment slow down of about 15% year over year.
It was well underway before Trump even got elected.
You can see that in full-time employment gains. Measured in March year over year, full-time gains peaked in March 2015 at almost 3 million additions. Gains have steadily fallen since, to 2.5 million in March 2016 and just 2 million now in March 2017.
And the bottom line there is we've added about only 4.7 million full-time jobs since March 2008 on net.
After NINE years.
The country remains mired in shrunken conditions from which it has not escaped.
In a real recovery, the 10 million full-time jobs lost in 2009 and 2010 would have been fully replaced by 2013 at the latest. It took until 2015, and the momentum immediately started to recede.
Trump's little display last night burned up almost $100 million in cruise missile costs
The terrorists can bankrupt the US with every atrocity at this rate: $1.17 million per victim.
Drudge as Trump propagandist: Switches to "total employed" from "95 million not in labor force"
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| Drudge is excited about 5.6 million extra jobs . . . after 10 years |
Trump ... goooooooood.
Obama ... baaaaaaaaaad.
The Deep State: Eisenhower knew it as the military-industrial complex
The military leadership is shot through with liberal neocons bent on perpetual war to keep the warriors busy.
What interest does its intelligence network have in telling the truth to a civilian commander in chief about who did what with which to whom in Syria?
They all lied about WMD in Iraq, as surely as Obama & Co. lied to us about Obamacare.
Trump's just their latest patsy to keep the money flowing to the underlying businesses.
And even more "just words" from Trump: Stay out of Syria! Rebels are Islamists, not allies!
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| 6 September 2013 |
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| 4 September 2013 |
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| 12 September 2014 |
Just more words: Trump promised no involvement in the Middle East like Bush promised no nation-building
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| 29 August 2013 |
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| 31 August 2013 |
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| 2 September 2013 |
Thursday, April 6, 2017
Looks like Trump's tweets on Syria in 2013 were "just words": Everything he's said now is up for grabs
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| June 2013 |
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| August 2013 |
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| September 2013 |
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