Each month, the Department of Labor issues their “Jobs Report” on the first Friday.  Most people just look at the number of jobs created and the rate of unemployment.  In the latest, for example, it was 148 thousand and 4.1% respectively. Buried inside, there were other numbers of note.  First, there was the U-6 level … Continue reading Hidden Nuggets

There was a minor earthquake yesterday in San Francisco.  It is NOT true that the earthquake was caused by the millions and millions of Millenials, who were rolling their eyes when they heard that Attorney General Jeff Sessions had given license to the U.S. Attorneys across the country to begin prosecuting marijuana cases again.  Generally … Continue reading Take This Job And Shove It

The bulls have been running on Wall Street for nine years.  They should be tired, but they apparently are not.  Generally speaking, as long as profits continue to increase, the stock market should continue to increase.  Decreasing tax expense means increased profit (unless the money is allocated to other expenses like labor).  In addition, the … Continue reading Marathon Bulls

Most Federal agencies are required to solicit feedback from the public before making any significant change in regulation.  When the Federal Communications Commission (FCC) was preparing to eliminate net-neutrality, they first solicited public opinion.  Afterwards, it was discovered that about a tenth of the opinions expressed were bogus.  Many people were surprised to learn they … Continue reading Fake People, Not Fake News