A New Idea Emerges at COP26

“Conservatives showed up at COP26 to indicate that a constructive alternative to alarmist rhetoric exists. At COP27, it’s time that we attended in full force, and told the UN to let the adults do the talking.” ~ Christopher Barnard & Connor Tomlinson

– December 3, 2021
Employment

Payrolls Recovery Stumbles in November

“Payrolls posted a disappointing gain in November. While the outlook is for continued recovery, difficulties hiring may restrain output growth, sustaining upward price pressures for a prolonged period.” ~ Robert Hughes

– December 3, 2021

Powell Pivots as Inflation Picks Up

“Powell recommended ditching the term transitory. ‘We tend to use it to mean that it won’t leave a permanent mark in the form of higher inflation,’ he told the Senate Committee. ‘I think it’s probably a good time to retire that word and try to explain more clearly what we mean.’” ~ William J. Luther

– December 3, 2021

A Smarter Debt Limit Bill

“Senate Republicans are expected to indulge in yet another futile game of bluff poker over the symbolic debt limit. They always fold in the end because Congress has no choice but to pay for obligations it has already incurred.” ~ Alan Reynolds & Steve Stein

– December 3, 2021

Rittenhouse Trial: The Problem with Public Opinion

“Having a trial that follows established safeguards of substantive due process is not a threat to society. Quite the opposite! It is an example of how things ought to be in a functioning legal system.” ~ Laura Williamson

– December 2, 2021

Unit Auto Sales Struggle as Shortages Continue

“Light-vehicle sales fell again in November, remaining well below the pre-pandemic range. Component shortages continue to disrupt production causing record low inventories and surging prices.” ~ Robert Hughes

– December 2, 2021

Weekly Initial Claims for Unemployment Benefits Rise Slightly but Remain Very Low

“Weekly initial claims for unemployment benefits rose slightly from a multidecade low in the prior week. Regardless, claims remain low and the labor market remains very tight.” ~ Robert Hughes

– December 2, 2021

Despite Fed Asset Purchases, Lending Remains Depressed

“The Fed’s recent asset purchases appear to have significantly expanded the money supply. But given the small changes in bank lending, it is not clear what their overall effects will be on inflation and the economy.” ~ Thomas L. Hogan

– December 2, 2021

The New Face of the French Right

“It is one thing to recognize this challenge, as Zemmour does, but the question is what to do? Is it even possible to retreat into nationalism without cutting yourself off from the emerging global economy and society?” ~ Clifford F. Thies

– December 2, 2021
manufacturing

Strong Demand Continues for the Manufacturing Sector

“Demand for manufactured goods remained very strong in November. Labor difficulties, materials shortages, and logistical issues continue to restrain supply and pressure prices, but there may be early hints of progress on some issues.” ~ Robert Hughes

– December 1, 2021

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