11/12/18

Strength of the Economy

Big Red Car here, snowing in the Panhandle and going to be 30F in the ATX tonight? Yes. Snow tonight? Nah.

So, I like to take a look at information below the surface to prove or disprove what the surface currents seem to indicate. One of my favorites is to plumb the depth of the job market and its inverse, unemployment.

Anybody with a brain knows that U-3 — the measure of unemployment that the media uses — is not very accurate for a number of structural reasons. While, folks also know that BLS U-6/7 is a better snapshot.

One other area I like to look at is full time v part time employment.

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02/1/16

The Lost American Decade

Big Red Car here and awaiting the results of tonight’s Iowa caucuses. Why do we care what a bunch of very white folk in Iowa care about anyway?

Foggy and 80F today. Ahhh, winter in Texas!

So, we’ve heard of the lost Japanese Decades, right?

Did you know we’ve got our own Lost American Decade? The Lost American Decade! Continue reading