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Services-Sector Growth May Have Slowed in December
“The services sector expanded for the 19th consecutive month in December. While shortages of labor and materials are continuing to restrain output and sustain upward pressure on prices, some data suggest some pressures may be starting to ease.” ~ Robert Hughes
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Some Frustrating Economics in the Wall Street Journal
“The Journal is usually a bastion of sound economics. Alas, nobody bats 1.000. If we want an economic ‘return to normalcy,’ we have to get these basics right.” ~ Alexander William Salter
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Elon Musk’s Big Giant Enormous Tax Bill
“Democratic proposals generally involve making the tax code even more complicated, with the Alternative Minimum Tax applying to increasing numbers of taxpayers, and increasing the demand for tax-planning.” ~ Clifford F. Thies
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Weekly Initial Claims for Unemployment Benefits Remain Low as Labor Market Remains Tight
“Weekly initial claims for unemployment benefits have stabilized at a low level while continuing claims reflect the end of emergency programs. The labor market remains very tight.” ~ Robert Hughes
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Critical Race Theory Does Not Dismantle, But Reinforces Social Power Structures
“Just as CRT advocates argue that white supremacist power structures harm white people as well, their maintenance of those power structures will continue to harm people, including those they claim to want to help.” ~ James E. Hanley
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A Path Forward in Policing in 2022
“May 2022 be the year we finally lean into law enforcement as a collaborative and complex undertaking that requires an investment in meaningful engagement.” ~ Rev. Markel Hutchins
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