aiseoneil
Closing Billionaire Tax Loopholes
A recent ProPublica report has uncovered shocking details about how little Elon Musk, Jeff Bezos, Warren Buffet and Michael Bloomberg...
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Work Ethic for Thee But Not for Me
Twenty five Republican-held states are ending enhanced unemployment benefits in June or July before they are set to expire in September...
aiseoneil
Don't Be JOLTed by Job Openings
The Job Opening and Labor Turnover Survey (JOLTS) for April was published yesterday. It shows job openings, graphed below, at an all time...
aiseoneil
America Might Be the Next Europe
In Europe, macroeconomic policy is decided by the competition of two factions: rich states and poor states. Rich countries like Germany...
aiseoneil
Responding to Critics - Housing Bubble
In an earlier blog post, reposted on another blog, I argued that current reporting on the housing market frenzy was intentionally...
aiseoneil
Homeownership is Not a Key to Middleclass Prosperity
It is common to hear the fight against inequality, both economic and racial, framed in terms of increasing home ownership. For example, ...
aiseoneil
It Turns Out I Was Right #1: Seasonal Adjustements Will Likely Exaggerate Job Growth
In an earlier blog post of mine, I predicted that the May and June jobs report would overstate job performance. My argument, in short,...
aiseoneil
There is Not a Housing Shortage; There is a Home Price Bubble
Homelessness is the greatest moral evil of our time. It is hard to be critical of any economic trends or rhetoric that seems focused in...
aiseoneil
Seasonal Adjustements Will Likely Exaggerate Job Growth
I think that the next 2 labor reports will overstate job growth because of a technical issue, namely Seasonal Adjustments. To explain why...
aiseoneil
Hyperinflation Incoming?
Inflation is growing out of control, or so we are told. Tucker Carlson recently said, “we wound up with frightening levels of inflation,”...
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