Obamacare Helps Poor Incomes

Thanks to the subsidies, Obamacare is having a large, positive impact on the poorest people. The effective change in income Continue reading →

US Unemployment Drops And May Bottom

The US unemployment rate continues to drop (though the employment rate is different). It is reaching pre-Great Recession levels. The Continue reading →

Oil Misguesses Supply And Demand

Big oil made big assumptions when it began the massive fracking campaign. Fracking and OPEC policies increased production. The competition Continue reading →

Rents Are Too Tight For Too Many

In the US, over 25% of renters are spending more than 50% of their income on rent. That’s 11,250,000 households, Continue reading →

Drought And Fire Double Whammy

As if California’s drought wasn’t bad enough for people and farms, the lack of rain is drying out the native Continue reading →

US Consumption Flattens

If you’ve been trying to live more sustainably, congratulate yourself. At least in America, consumption seems to be declining, even Continue reading →

US Oil Production Declines

The oil surplus is so large, and demand is not growing as it did, that the price of oil has Continue reading →

Robots Account For Productivity

There has been a disconnect between growth in the economy and growth in jobs and wages. While some of the Continue reading →