While the job numbers indicate a fairly normal uptick in jobs created, other key numbers remain weak, and the corvid-19 pandemic threat to international markets continues to grow.
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The Economy in Context: March 2020
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The Economy in Context: November 2019
The economy is not in the best of shape presently, and this becomes even more obvious the more the administration tries to pressure the Federal Reserve Board to further lower interest rates, and yet the pundits continue to claim that things are going well.
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The Economy in Context: August 2019
The current administration is desperate to have American voters believe their blatant mediocrity is somehow better than the blatant mediocrity of the prior administration...
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The Economy in Context: July 2019
This economy isn't "better", and it sure as Hell isn't "great".
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The Economy in Context: April 2019
There are a lot of indications, not least of which the rhetoric coming out of the White House, that the economy is not as strong as has been sold.
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The Labor Force Participation Problem
While the American left would have everyone believe that banks and investors were to blame for the 2006-2008 subprime mortgage crisis and the resulting recession (and they do share some part of the blame), it's not quite that simple.
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It’s The Economy, Stupid
I realize none of this is particularly politically correct, but it's still true.
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What’s the Federal Funds Rate Telling Us?
There are some fairly unusual things about the economy in the Trump Era, that are reminiscent, albeit opposite, of the Carter Era.
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The Economy in Context: January 2019
As rosy as the economic data seems, there's still some pretty serious questions hanging over this economy.
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No, Precious Metals Aren’t the Answer
How do you operate a national economy, let alone the global economy, on a commodity so small that an errant box fan could conceivably wipe out an individual's wealth?
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A Short Word: Trump’s Fed Folly
Donald Trump whined about the Federal Reserve doing what it has to do to cut off rising inflation rates...
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The Economy in Context: December 2018
[T]he president's misbegotten policies are presently the biggest factors in the market today.
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Gauging Trump’s Jobs Facade
The fact that so many Americans are not participating in the labor force today, a problem that exploded under Obama, so he bears responsibility, is the single largest problem facing America today, and Trump and his supporters never talk about it.
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The Economy in Context: November 2018
Americans should remain skeptical of the rosy picture painted by the latest jobs report, because fundamental problems in the economy remain.
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The Economics Quarterly: October 2018
There are a lot of things that look good in the last few quarters, and growth remains solid, particularly if the 3.5% preliminary GDP growth rate holds through revisions, but there are still some nagging doubts that won't go away.
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But Isn’t Trump Worth It?
Should conservatives of conscience continue to oppose Donald Trump's crony corporatist presidency or, given what Donald Trump has allegedly accomplished over the last two years, accept his glaring character flaws and manifest corruption as simply the price of admission?
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The Economy in Context: October 2018
The current administration's economy has only outperformed the average performance of the previous administration (post recession) eight months out of the last twenty-one months, or roughly one-third of the time.
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The Economy in Context: August 2018
Despite numerous deregulation victories and his incessant bragging in 2016, Trump's economy has created more jobs than Obama's second term (post recession) economy only 7 out of the last 20 months.
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Trump’s Labor Farce Problem
If the labor force participation rate were still at its peak (roughly around 67%), roughly 10 million more Americans, that's the entire population of New York City plus an additional 1.5 million people, would still be in the labor force.
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Busting 4 of Trump’s Economic Myths
[O]ne thing Trump is very good at is claiming responsibility for the things that are going right for the United States economy, but these claims don't actually hold up to any rigorous scrutiny.
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Economy In Context: The March 2018 Jobs Numbers
This simply isn't good news for the Trump economy.