Older people are usually surprised that the right to privacy was not in the Declaration of Independence nor the Bill of Rights — but millennials don’t care. That “right” was an outgrowth of a 1958 Supreme Court decision, NAACP vs Alabama. In that case, the state wanted the membership list of the NAACP, including home … Continue reading Mourning Dinosaurs
The Flinchum FileThoughtful Economic Analysis and Existential Opinions
So, there was a 26-year-old refugee from Bangladesh living outside London with his parents. Problem #1 is that he is a 26-year-old man without a girlfriend and living with his parents. On the morning of August 25th, he suddenly decides he will attack the guards at Windsor Castle, because they work for the Queen.Problem #2 … Continue reading Loser-Of-The-Week Award
France is such a wonderful country. Unfortunately, their economy is not as wonderful. Unemployment in the U.S. is only 4.4%. Germany’s unemployment is about the same, but unemployment in France is a staggering 9.5%. GDP growth is slower in France than Greece right now. What is retarding the economy of such a wonderful country? One … Continue reading Viva La Macron
Let’s see . . . personal income rose more that expected at 0.4% in July, and spending rose a healthy 0.3%. Inflation rose only 0.1% in July, well below anything worrisome. Estimates of GDP growth in the second quarter (Q2) was revised higher from 2.6% to a whopping 3%. There has never been so many … Continue reading Out, Out . . . Damn Spot!
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