Friday, March 14, 2014

Not in my area of expertise but here is what I think happened to Malaysian Flight 370.

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I want to go on record with my theory of what happened to Malaysian Flight 370. I just saw a profile of the pilots on CNN.  The co-pilot ...

TurboTax e-mails price increase threat without giving ANY details. Not cool, Turbo Tax, not cool...

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Just received this e-mail a few minutes ago from TurboTax, which I use for doing my Federal and State tax returns. The yellow highlight is...
Wednesday, March 12, 2014

More evidence the Federal government is a book-keeper and not a doer.

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Here is some isolated data from the just released 2015 Budget Outlook by the White House. Once again I find myself staring at numbers tha...

If you are a "salaried manager" making MORE than $455 per week but LESS than ??, you will want to read this. Your paycheck may be changing in the near future.

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Today the Obama Administration will direct the Department of Labor to revise an important regulation on the payment for overtime as it perta...
Tuesday, March 11, 2014

A single mom with two kids will get a 39% pay increase if the minimum wage goes to $10.10, right? She will be the first one to tell you NO, not even close! See the numbers here.

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Here is a table (I modified it a little) from The Economix that shows how an increase in the minimum wage from $7.25 to $10.10 per hour will...
Monday, March 10, 2014

Nice graphic on how much it costs to manufacture US coins. Time for the penny AND Nickel to go???

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The Washington Post has an excellent story and a few graphs on the cost of making money. Not earning money but the actual manufacture of...
Saturday, March 8, 2014

Made a graphic to show why Chipotle is concerned about the supply of avocados. Maybe we DO need to be worried after you see this.

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I pieced together two maps (sources cited below) to show why the Chipotle restaurant chain has expressed some concern about its supply chain...

All the nuts are in California. No, really, they are. Nice graphic on nut production (and veggies and fruits) in the Bay State.

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This from Mother Jones via Big Agriculture. I was very surprised by the percentages here.  I am guessing you might be as well. They in...
Friday, March 7, 2014

Why did the unemployment rate INCREASE in February when more jobs were created than expected? You know what they say about Statistics. See here the what for's...

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Lately the pace of job creating has been tepid, to say the least, BUT the unemployment rate has been going DOWN.  How does that happen? Th...

First look at the latest jobs report out today. Some good, some bad, but not necessarily ugly.

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Here is your first look at the BLS's "Establishment Survey" of employment in the US for Feb 2014.  This is a survey of US busi...
Tuesday, March 4, 2014

Maps of India, South Africa and the Korean Peninsula at night. One has more light, one has the same, and one has none. Economic progress in one blog posting...

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One of my favorite maps is "The World at Night". It is composite map that shows the presence of artificial light or more specifica...
Monday, March 3, 2014

Conserve Water, Eat Less Broccoli. Nice infographic on amount of water needed for various food staples.

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How much water does it take to grow your favorite veggie? Conserve water.  Eat LESS Broccoli...Done.  :) Found HERE
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My take-down of a Wall Street Journal article. It helps with understanding the difference between a Giffen and a Veblen Good AND a market reaction. They confuse ALL three!

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In today's Wall Street Journal there is an article on the state of the world wide luxury goods market. In my opinion they make LOTS of...
Saturday, March 1, 2014

Interesting data on New Home sales in the past 2 years. Evidence of economic recovery or income inequality? I report, you decide...

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Below is some new housing data I took from the US Census report on New Housing in the US(January 2013). It shows the number of New Houses ...
Friday, February 28, 2014

Population trends and the Federal Budget. One captures the other by the tail.

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Demographics---I harp on this a lot, I know.  My prior posting HERE you can see a graph that gives me hope regarding the economic future. St...
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