Economy: When the government is the economy
In major countries, the government is now 25% to nearly 50% of the economy?
Yes: “Will mortgage rates ever fall to 3% again?”
3% mortgage rates were a very unusual market in recent years. For much of the past 40+ years, interest rates were 7% or greater.
Economy, so horrible the unemployment rate falls to 3.7%
The unemployment rate falls to 3.7%. Everything is awful.
Economy: “Experts” at a loss to explain post pandemic economy
Or something – I’ll file this under the Follow Up category: From the recession that didn’t happen, to the relationship between unemployment and inflation, to the reason that inflation took…
Climate: We must resort to “climate lockdowns”
Speaker at WEF says Covid failed to rally the world, climate change is too complex for people, so next up is the topic of "water". And to consider climate lockdowns.
Demographics: Oregon state economists now planning “zero population growth” scenarios
Oregon State economists now using "zero population growth" scenarios for the state's economic planning. The fertility rate is 1.39 and outbound migratioin has recently been high.
Media, economy: Younger generations can’t find high paying jobs; they couldn’t find ’em in 1983 either
Young complain about lack of jobs and wages. Surprise - same thing they complained about in 1983!
Follow up: Recession forecasts back to 2021
From 2021 onward, experts have predict we will soon be in a recession in 2021, 2022 and 2023. Still not here. So much for predictions.
Climate economics: Net Zero might not increase employment or reduce costs
Politicians say Net Zero will create jobs, grow the economy, but maybe not - for obvious reasons.
Business: Work-from-home trend has fallen off, and flat-lined
The "days worked from home" has fallen sharply from the peak and is now in a slow decline.