Blog


Labor Lost

Apr 29
3:54
PM
Category | General

Labor Lost       


In 11/43, manufacturing employment (ME) hit a record 16.6 million, and 22 years later in 7/65, hit a new record of 16.7 million. ME then grew and peaked at 19.6 million in 6/79. By the start of the Great Recession in 1/08, there were only 13.7 million manufacturing workers. The trough was in 2/10 when ME slumped to 11.5 million. It's now at 12.3 million and slowly rising.  

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Elliot F. Eisenberg, Ph.D.

GraphsandLaughs, LLC 

elliot@graphsandlaughs.net 

Cell: 202.306.2731 

www.econ70.com

 

 

Flat Fiz

Apr 28
11:40
AM
Category | General

Flat Fiz     


The Friday File: In 2014, flavored, unflavored, carbonated and non-carbonated non-alcoholic beverage sales in the US fell by 1% to 12.76 billion gallons, or 40 gallons/person, the 10th consecutive year of declining volume. The top seller, Coke with a 17.3% market share, followed by Pepsi at 8.7%, Mountain Dew at 5.8%, Dr. Pepper at 5.1% and Gatorade at 4.6%. Despite the volume decline, revenues rose 1.4% to $77.4 billion! 

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Elliot F. Eisenberg, Ph.D.

GraphsandLaughs, LLC 

elliot@graphsandlaughs.net 

Cell: 202.306.2731 

www.econ70.com

 

 

Incentivizing Iran

Apr 24
9:55
AM
Category | General

Incentivizing Iran    


The key is less the rollback of the Iranian nuclear program, but more the ability to monitor it in real time. Absent that, it will be impossible to determine if the Iranians are being honest and for us to impose penalties if they cheat. Moreover, a mechanism must be in place to deal with non-compliance that cannot be blocked, and that spells out the consequences for each type of violation. 

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Elliot F. Eisenberg, Ph.D.

GraphsandLaughs, LLC 

elliot@graphsandlaughs.net 

Cell: 202.306.2731 

www.econ70.com

 

 

World Worry

Apr 23
11:00
AM
Category | General

World Worry   


For those who enjoy worrying about global economic health, here is a handy checklist. Macroeconomic risks have declined, but easy credit and low interest rates have caused pension funds and insurance companies to chase yield and in the process make dumb investments, increasing financial risk. Geopolitical risks from Iran, Syria, Ukraine and Yemen have worsened, and increased exchange rate volatility and falling commodity prices are hurting emerging economies. 

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Elliot F. Eisenberg, Ph.D.

GraphsandLaughs, LLC 

elliot@graphsandlaughs.net 

Cell: 202.306.2731 

www.econ70.com

 

 

Working Welfare

Apr 23
10:59
AM
Category | General

Working Welfare   


Perhaps surprisingly, 56% of federal and state welfare program spending (EITC, Medicaid, TANF and food stamps) went to households headed by a working adult. 52% of fast-food workers receive government assistance, 48% of home care workers, 46% of child-care workers and amazingly, 25% of part-time college faculty receive government assistance. 74% of EITC monies, 61% of Medicaid spending, 36% of food stamps and 32% of TANF went to working families.

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Elliot F. Eisenberg, Ph.D.

GraphsandLaughs, LLC 

elliot@graphsandlaughs.net 

Cell: 202.306.2731 

www.econ70.com

 

 

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