Puerto Rican Problems Worsen

As if being in default wasn’t bad enough for the Puerto Rican government, people are moving from the island because Continue reading →

The Arctic Opens

The Arctic Sea ice has melted enough to open a shipping lane north of Canada. It isn’t totally clear, but Continue reading →

Government Stimulus Dialed Down

In response to The Great Recession, federal and state spending, as well as buyouts and such, ramped up to create Continue reading →

Income Tax Cut Data

The data are in and, cutting taxes for the rich is only successful at cutting tax revenue while increasing wealth Continue reading →

Americans Eat Less

Whether it is the economy, health education, or simply a fad, Americans are eating less. The turnaround is slight, but Continue reading →

Puerto Rico In Default

Puerto Rico can’t pay its bills. It officially has missed a debt payment of $58M on debt of $72B. The Continue reading →

Data That Matters July 2015

US wages rose 3.3%. Humans can lay bricks at 700/hr. Robots, 1,000/hr. Americans turning away from owning homes as only Continue reading →

Robot Ala Industrial Revolution

Robots are adding about 0.36% to GDP, surprisingly similar to the 0.35% from the introduction of steam in the Industrial Continue reading →