From the Nevada Appeal: Nevada’s historically high unemployment rate continued to rise in July, to 14.3 percent. That set a new statewide record for the 16th straight month, and far outpaced the national rate of 9.5 percent… Inside the numbers you find we’ve lost about 60,000 construction jobs – more than were created in the [...]
A Facebook friend brings to my attention the campaign website of Eugene “Gino” DiSimone, Independent candidate for governor. This part of the candidate’s website caught my eye: …By lowering, or in some cases removing, much of the “end to end” costs which the State has influence over — keeping the labor rates locally competitive or [...]
Not surprising, but still bad: …Income declined in 223 metro areas last year, increased in 134 and was unchanged in nine regions. Even though prices declined last year — down 0.2% from a year earlier as measured by the national price index for personal consumption expenditures — incomes fell even more. On average, personal income [...]
Rather an astounding sum to be spent on a wedding – but more worrisome is what it portends: Chelsea Clinton’s Wedding Mike Rappaport Apparently, it is estimated to cost $2 million. Quite a fee for a couple who have spent virtually their entire lives in public service. Well, whatever. No surprise – after all, our [...]
Exceptionally important point noted by PIMCO and brought to our attention by Mish: Our modern era of capitalism over the past several centuries has never known a period of time in which population declined or grew less than 1% a year. Currently, the globe is adding over 77 million people a year at a pace [...]