tag:blogger.com,1999:blog-6616959642391988608.post2420902253743598604..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Biden is making the wrong callScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6616959642391988608.post-8262256942820739512021-08-23T21:28:57.708-07:002021-08-23T21:28:57.708-07:00Nasdaq: another all-time record high. Forward look...Nasdaq: another all-time record high. Forward looking? Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-63439502005847798672021-08-21T18:40:40.490-07:002021-08-21T18:40:40.490-07:00Worthwhile to look at.
See also
https://www.cust...Worthwhile to look at.<br /><br />See also<br /><br />https://www.customs.go.jp/toukei/shinbun/trade-st_e/2021/2021074e.pdf<br /><br />So Europe runs a persistent goods trade surplus with Japan, but the US runs a persistent goods deficit. <br /><br />Sure. Comparative advantage explains it. <br /><br />Unfortunately, macroeconomic theorists inhabit a parallel and imaginary world....Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-5097796355488547052021-08-20T11:03:34.668-07:002021-08-20T11:03:34.668-07:00If you are interested in an academic study about m...If you are interested in an academic study about manufacturing decline in the US, see:<br /><br />Understanding the Decline of U.S. Manufacturing Employment, Susan N. Houseman<br />Upjohn Institute for Employment Research<br /><br />Without the computer industry, there is no prima facie evidence that productivity caused manufacturing’s relative and absolute employment decline. This paper wkevinwhttps://www.blogger.com/profile/17600473578823788550noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1252881931567241892021-08-19T17:32:40.282-07:002021-08-19T17:32:40.282-07:00wkevinw---
You mean offshoring the capacity the b...wkevinw---<br /><br />You mean offshoring the capacity the build anything has unintended consequences? <br /><br />But the globalist think tanks have theories to explain all the upsides....<br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81530023605215651392021-08-19T08:08:58.945-07:002021-08-19T08:08:58.945-07:00Benjamin Cole- on housing.
Yes, there is a struct...Benjamin Cole- on housing.<br /><br />Yes, there is a structural gap in housing and all durable goods (+ industrial production). <br /><br />https://www.advisorperspectives.com/images/content_image/data/93/936d1cd928478639c18781ec1cd879ca.png<br />https://www.advisorperspectives.com/images/content_image/data/6d/6d7d48929c99e8201d9cdcae83fe5b60.png<br /><br />Housing is a difficult one because wkevinwhttps://www.blogger.com/profile/17600473578823788550noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-34797106437400170132021-08-19T01:41:26.946-07:002021-08-19T01:41:26.946-07:00Call me optimistic, but I think the worst is over ...Call me optimistic, but I think the worst is over for inflation. <br /><br />Commodities acting soft...and broad commodity indices are about there they were 10 years ago. <br /><br />The one-offs, like used car prices, are coming back to earth.<br /><br />Unit labor costs are under control. <br /><br />Housing remains a monster, a very serious national problem. Both parties are jibber-jabbering Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81660659382022884912021-08-17T12:59:34.138-07:002021-08-17T12:59:34.138-07:00If president Biden, or whoever calls the shots,
WA...If president Biden, or whoever calls the shots,<br />WANTED to ruin the nation, <br />I don't see how he (they) would have to change<br />anything he (they) are doing.<br /><br />From high inflation to open borders<br />to the Afghanistan debacle to social media<br />censorship to massive election fraud<br />to vaccine mandates to critical racist theory.<br /><br />It seems like a plan The Cliff Claven of Financehttps://www.blogger.com/profile/13541954550199246606noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70392822037305038562021-08-17T12:13:31.949-07:002021-08-17T12:13:31.949-07:00What's more terrifying is the probability that...What's more terrifying is the probability that the Covid virus was engineered in Wuhan to be more transmissible in humans and mutate so as to escape vaccines. Accidental leak or intentional? Of course the Left keeps telling us that President Xi has only peaceful intentions and doesn't really think China should rule the world. And there was nothing to his decision to restrict Wuhan Fredhttps://www.blogger.com/profile/16903149440854167071noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87132046046899453742021-08-17T06:40:11.490-07:002021-08-17T06:40:11.490-07:00Kyle Bass claims one province in Afghanistan has t...Kyle Bass claims one province in Afghanistan has the single largest known deposit of Lithium on Earth.<br />“The Tigress & Euphrates of the world's lithium supply, which is key in Joe Biden's Green New Deal and his coming Electric Vehicle mandates".<br />“Afghanistan is another important notch in China’s “Belt & Road Initiative. Key to their plans to dominate world trade.”<Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4720117749413594152021-08-17T03:16:16.994-07:002021-08-17T03:16:16.994-07:00Biden-schmiden, Afghanistan, Schmafganistan.
S&a...Biden-schmiden, Afghanistan, Schmafganistan. <br /><br />S&P now double---double!---March 2020 lows. <br /><br />I am no fan or Biden. If there is a less important country on earth to US prosperity than Afghanistan....Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85025412762022098222021-08-16T11:49:07.427-07:002021-08-16T11:49:07.427-07:00I was a little too young to be aware during the fa...I was a little too young to be aware during the fall of Saigon. So Afghanistan is the most awful foreign operations outcome in my lifetime. Depressing to watch it unfold in real time. Good arguments whether we should have pulled out or not, or whether we ever should have stayed from the beginning. But no matter that - the failure to plan a more orderly withdrawal, protecting who we needed to randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76464967240913446562021-08-15T16:22:01.657-07:002021-08-15T16:22:01.657-07:00You think the federal government can't build a...You think the federal government can't build a nation? <br /><br />But look at our successes in Vietnam, Iraq and Afghanistan.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-39856492308153371312021-08-15T12:09:57.522-07:002021-08-15T12:09:57.522-07:00From what I've seen, 25% of the spending is on...From what I've seen, 25% of the spending is on supposed "infrastructure." Not much if any of that will translate easily into a healthier, more efficient economy. Spending on public transport is notoriously inefficient. California has flushed tens of billions of dollars down the bullet train hole. Demanding that federal spending projects pay prevailing union wages is not going to Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87099226610553841282021-08-15T06:50:44.853-07:002021-08-15T06:50:44.853-07:00Scott,
I'm curious about your opinion. Most o...Scott,<br />I'm curious about your opinion. Most of the spending as I can tell is about infrastructure. The American Society of Civil Engineers rates our infrastructure at C- and that it will cost over $2.6 billion to bring it to B. From my perspective, it seems this spending is more targeted and beneficial to the economy that what we have seen in some timeJJhttps://www.blogger.com/profile/16778148517814518045noreply@blogger.com