Sunday, July 10, 2022

Angry Bear

Angry Bear


Inflation, tariffs, and Iran

Posted: 10 Jul 2022 05:11 AM PDT

(Dan here…lifted from comments) Barkley Rosser writes: There are two things that Trump did that added to inflation that Biden has somehow not undone yet. One of them is reversing the Trump tariffs, which he clearly fears doing because of opposition by Organized Labor and many white working-class voters in the crucial Rust Belt states. […]

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June jobs report: strong headline numbers

Posted: 10 Jul 2022 04:38 AM PDT

June jobs report: strong headline numbers, betraying numerous signs of rougher times Consumption leads employment. That's true at bottoms, and it's true at peaks as well. Since February, when consumption growth started to flag, I have been waiting for it to show up decisively in jobs numbers. In March through May, average growth decelerated from […]

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