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Goodhart’s Law Explains School Decay
“By disentangling ourselves from measures and rankings, we can return to a focus on what education does for the human mind, not just the data sheets.” ~ Laura Williams
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Unit Auto Sales Weakened in December
“Light-vehicle sales slowed again in December and remain well below pre-pandemic rates. Inventories rose, and prices fell in November.” ~ Robert Hughes
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Weekly Initial Unemployment Claims Fell, but Risks Linger
“Initial claims fell to a 14-week low, but job cut announcements are trending higher. Elevated consumer price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
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When Federal Interest Payments Come to Exceed the Military Budget: Time to Stop Defending the Rest of the World
“The US economy no longer can sustain a policy of endless war. Rising interest rates highlight the dismal state of Uncle Sam’s finances. Fiscal reality, as well as good sense, tells the US to focus on its own security.” ~ Doug Bandow
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