
Senior economist at the Center for Economic and Policy Research, dog lover, and new resident of Astoria, Oregon.
| Platform | Pricing | Only free issues | Publishes | Daily | |
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The inflation data released yesterday and today were bad and worse. The CPI increased 0.5% in May, while the core rose 0.2%. That brought their year-over-year inflation rates to 4.2% and 2.9%, respectively, well above the Fed’s 2.0% target....
The release of the 2026 Social Security Trustees Report got the usual suspects (a.k.a. “very serious people”) genuflecting about the large projected shortfall. As of 2034, the program is projected to be unable to pay full benefits. This wou...
I’m a big fan of Bernie Sanders. He has done an enormous amount to move American politics and especially the Democratic Party to the left. He constantly stands up to the rich in the name of ordinary working people.
But I have to disagree w...
I just have a quick note today.
It probably is not a surprise to most people outside the Trump administration, but it looks like their mass deportation has not done much to help the native-born workforce. The unemployment rate for native-b...
The May Jobs report was stronger than most people, including me, had expected. The 172,000 jobs created is not exactly earth-shattering, but in a context where immigration has been largely shut off and the labor force is barely growing, it...
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Senior economist at the Center for Economic and Policy Research, dog lover, and new resident of Astoria, Oregon.
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