• RT @Nate_Cohn: My replies are full of professors who alternately assert 'subversion is easy to fix!' and 'subversion can't be fixed' Throug…
    Binyamin Appelbaum Wed 02 Jun 2021 17:08
  • RT @DLeonhardt: The Morning will expand to seven days a week this year, and we are looking for somebody to join our team. If you have a co…
    Binyamin Appelbaum Wed 02 Jun 2021 16:58
  • The question this raises for me (and I would love any links to writing on this): What does federal protection against subversion look like? What would a law actually say? Link
    Binyamin Appelbaum Wed 02 Jun 2021 15:23

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • RT @RameshPonnuru: In this compelling performance, the mask represents his dignity. Link
    Binyamin Appelbaum Wed 02 Jun 2021 13:48

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • That's not what "day" means. Link
    Binyamin Appelbaum Wed 02 Jun 2021 13:33

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Interesting data that hopefully will reach those who persist in arguing that actually the last few decades were good for American workers. Link
    Binyamin Appelbaum Wed 02 Jun 2021 04:06

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • And while I have you here: Link
    Binyamin Appelbaum Tue 01 Jun 2021 23:56

    Democrats struck a chord with voters in the 2020 elections by campaigning on the need for the wealthiest Americans to pay higher taxes. Now the party is flirting with a major change in tax policy that would allow the wealthiest Americans to pay lower taxes.

    A bloc of House Democrats, mostly from the New York area, are loudly withholding support for a broad package of tax increases to fund President Biden’s infrastructure plan unless it also includes a tax cut: an unlimited deduction for state and local tax payments, or SALT.

    In the narrowly divided House, it takes only a handful of Democrats to derail the president’s agenda by making common cause with do-nothing Republicans. In an open letter last week addressed to the House speaker, Nancy Pelosi, 17 of the 19 Democrats who represent New York threatened to do exactly that, writing that they “reserve the right” to vote against any tax increase that does not include a “full repeal” of the $10,000 limit on the SALT...

  • From the Department of Completely Predictable Developments: Link
    Binyamin Appelbaum Tue 01 Jun 2021 23:51
    dire predictions at the time, the massive overhaul of the nation’s tax code during Donald Trump’s presidency had a negligible initial impact on the nation’s domestic migration patterns, new data from the Internal Revenue Service show.

  • Or maybe after we get done converting to solar power we'll just use the pipelines to send the Great Lakes south.
    Binyamin Appelbaum Tue 01 Jun 2021 20:56
  • The Sun Belt has been running out of water for more than a century now but who knows? maybe some day the people will turn around and come back.
    Binyamin Appelbaum Tue 01 Jun 2021 20:51
  • It reminds me also of a conversation I overheard on a Boston bus. The woman sitting near me was talking on her phone to someone who had evidently moved to Georgia and was bragging about her big and cheap house. Finally, the woman snapped, Yeah, but there's no water there.
    Binyamin Appelbaum Tue 01 Jun 2021 20:51
  • I remember an Ohio official telling me some years ago that the people would come back eventually because there's water in Ohio. Who knows? Maybe so.
    Binyamin Appelbaum Tue 01 Jun 2021 20:46
  • There would be some advantages if we could figure out how to keep the people and car plants in Ohio. Link https://t.co/kxWQnrCdQb
    Binyamin Appelbaum Tue 01 Jun 2021 20:46

    Companies producing everything from steel to electric cars are planning and building new plants in Southwest states, far from historical hubs of American industry in the Midwest and Southeast. The lure is open land, local tax breaks and a growing supply of tech-savvy workers.

    The Southwest, comprising Arizona, New Mexico, Texas and Oklahoma, increased its manufacturing output more than any other region in the U.S. in the four years through 2020, according to an analysis by The Wall Street Journal of data from the Bureau of Economic Analysis.

    Those states plus Nevada added more than 100,000 manufacturing jobs from January 2017 to January 2020, representing 30% of U.S. job growth in that sector and at roughly triple the national growth rate, according to data from the Bureau of Labor Statistics.

    Executives say the region’s growing population makes for plenty of available labor, and its lower cost of living is a draw for new talent.

    “I was...

  • RT @WSpriggs: In economics, relative prices are what matter. Incentives with carrots or sticks should work--though obviously with different…
    Binyamin Appelbaum Tue 01 Jun 2021 20:36
  • Fascinating story about plaintiffs' lawyers cleverly forcing Amazon to back away from mandatory arbitration. Link
    Binyamin Appelbaum Tue 01 Jun 2021 18:26

    Companies have spent more than a decade forcing employees and customers to resolve disputes outside the traditional court system, using secretive arbitration proceedings that typically don’t allow plaintiffs to team up and extract big-money payments akin to a class action.

    Now, Amazon . com Inc. is bucking that trend. With no announcement, the company recently changed its terms of service to allow customers to file lawsuits. Already, it faces at least three proposed class actions, including one brought May 18 alleging the company’s Alexa-powered Echo devices recorded people without permission.

    The retail giant made the change after plaintiffs’ lawyers flooded Amazon with more than 75,000 individual arbitration demands on behalf of Echo users. That move triggered a bill for tens of millions of dollars in filing fees, according to lawyers involved, payable by Amazon under its own policies.

    Amazon’s decision to drop its arbitration requirement is the...

  • Nope Link
    Binyamin Appelbaum Tue 01 Jun 2021 14:56

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • RT @AlecMacGillis: Sixty percent of students in the DC metro area are still doing fully remote instruction as the school year comes to clos…
    Binyamin Appelbaum Tue 01 Jun 2021 14:01
  • RT @BCAppelbaum: Unemployment benefits were created to help those who are not working - and those who are. If benefits are now putting upwa…
    Binyamin Appelbaum Tue 01 Jun 2021 13:31
  • Millions of Americans are about to lose billions of dollars in unemployment benefits because the system was designed by racists. My column on the enduring legacy of New Deal compromises - and how we can do better: Link
    Binyamin Appelbaum Tue 01 Jun 2021 11:26

    Only about 61 percent of the adults in Montana are employed at the moment. That leaves more than 300,000 who aren’t working. So I was surprised when the state’s Republican governor, Greg Gianforte, declared in May that Montana is experiencing a “labor shortage.”

    In capitalist countries, the standard remedy for labor shortages is to recruit workers by offering higher wages or other inducements. Mr. Gianforte has a different plan in mind. Beginning June 27, the state will reduce weekly payments to unemployed workers by $300, cutting off a federal subsidy that was scheduled to run through early September.

    This struck other Republican governors as such a good idea that 23 other states have since announced plans to follow Montana’s example. Together they intend to reject more than $26 billion in federal aid payments to 4.5 million unemployed workers — money that would have helped those workers and surely would have been spent mostly in those states.

    A lot of people...

  • RT @ExumAM: My last non-barbecue tweet today is a simple reminder that a good way to honor the fallen is to fight like hell for the right o…
    Binyamin Appelbaum Tue 01 Jun 2021 04:40
  • Also the reason 24 states are able to prevent the government from sending money to jobless workers is because racist senators prevented a national benefits system. Public policy remains so deeply warped by racism, and millions will suffer as a result. Link
    Binyamin Appelbaum Tue 01 Jun 2021 00:05

    Only about 61 percent of the adults in Montana are employed at the moment. That leaves more than 300,000 who aren’t working. So I was surprised when the state’s Republican governor, Greg Gianforte, declared in May that Montana is experiencing a “labor shortage.”

    In capitalist countries, the standard remedy for labor shortages is to recruit workers by offering higher wages or other inducements. Mr. Gianforte has a different plan in mind. Beginning June 27, the state will reduce weekly payments to unemployed workers by $300, cutting off a federal subsidy that was scheduled to run through early September.

    This struck other Republican governors as such a good idea that 23 other states have since announced plans to follow Montana’s example. Together they intend to reject more than $26 billion in federal aid payments to 4.5 million unemployed workers — money that would have helped those workers and surely would have been spent mostly in those states.

    A lot of people...

  • Unemployment benefits were created to help those who are not working - and those who are. If benefits are now putting upward pressure on wages, well, that’s how things are supposed to work. Link
    Binyamin Appelbaum Tue 01 Jun 2021 00:00

    Only about 61 percent of the adults in Montana are employed at the moment. That leaves more than 300,000 who aren’t working. So I was surprised when the state’s Republican governor, Greg Gianforte, declared in May that Montana is experiencing a “labor shortage.”

    In capitalist countries, the standard remedy for labor shortages is to recruit workers by offering higher wages or other inducements. Mr. Gianforte has a different plan in mind. Beginning June 27, the state will reduce weekly payments to unemployed workers by $300, cutting off a federal subsidy that was scheduled to run through early September.

    This struck other Republican governors as such a good idea that 23 other states have since announced plans to follow Montana’s example. Together they intend to reject more than $26 billion in federal aid payments to 4.5 million unemployed workers — money that would have helped those workers and surely would have been spent mostly in those states.

    A lot of people...

  • RT @DannyDeraney: On this #MemorialDay I love to share this video. French caretakers take the sand from Omaha Beach in Normandy and scrub…
    Binyamin Appelbaum Mon 31 May 2021 21:35
  • What records? Who is measuring all the ducks? Link
    Binyamin Appelbaum Thu 29 Apr 2021 14:02

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • This is the takeaway: Link
    Binyamin Appelbaum Wed 28 Apr 2021 19:41

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

S&P500
VIX
Eurostoxx50
FTSE100
Nikkei 225
TNX (UST10y)
EURUSD
GBPUSD
USDJPY
BTCUSD
Gold spot
Brent
Copper
Last update . Delayed by 15 mins. Prices from Yahoo!

  • Top 50 publishers (last 24 hours)