This is rjs's Typepad Profile.
Join Typepad and start following rjs's activity
Join Now!
Already a member? Sign In
rjs
denizen of a rural NE Ohio swamp
unencumbered by education, affiliations, beliefs or agenda; im not advocating anything
Recent Activity
Economist Dean Baker responds to the NYT: http://cepr.net/blogs/beat-the-press/nyt-s-public-pension-birtherism
Toggle Commented 2 days ago on Awful, awful stuff--Part 2 at Newmark's Door
1 reply
i remember when general admission in cleveland's municipal stadium was a buck and a quarter, and bleacher seats were 60 cents...but for the price of general admission, you could get box seats half way through the game, as typically attendance was around 5,000 in a 75,000 seat stadium...
1 reply
or it might be time to invest in a better bookshelf...from the photo, it looks like the shelves were held up by adjustable pegs...
Toggle Commented Sep 14, 2016 on JEEM broke my bookshelf at Environmental Economics
1 reply
i'll take your word for it (its over my head) by your url, it appears you've given it some second thoughts
1 reply
depends on your time frame...right now google gives me these headlines: US productivity falls sharply in fourth quarter - CNBC U.S. Productivity Falls 3.1% In First Quarter - WSJ U.S. Productivity Drop in Second Quarter Revised to 0.6% Rate - WSJ certainly, econ bloggers suvh as Jared Bernstein have written about this as a problem several times
Toggle Commented Sep 3, 2016 on Links for 09-03-16 at Economist's View
1 reply
damn. that's the article i commmented on yesterday, my first commment at WSJ in a year... by way of changing the conversation, i said: another way to think about the "cost" is its impact on GDP...an additional $176 billion a year capital expenditure would add about 1% to growth, entirely in the investment column... sadly, there were responses, and i had to try to explain how GDP is calculated, but my point about those "costs" stands; were it not in the context of greenhouse gases, all that spending for new energy infrastructure would be seen as investment in capital...
1 reply
test 2
Toggle Commented Aug 18, 2016 on Note on Comments at Economist's View
1 reply
if i'm baking cookies, they're not "to impress or seduce"...they're to eat...
1 reply
notice the article suggests average but the key is that's the median...thus my sister and i live within that 18 miles, but my 2 brothers are both out of state...the average distance for my family thus is about 400 miles...
1 reply
i think we can definitively say that global warming is real, and that there are good reasons to believe that human activty is to blame (evidence the heat islands around cities)...i'd be more skeptical about the effects of greenhouse gases, because i have yet to encounter a decent description of how methane and CO2 molecules capture and hold energy, what part of the infrared radiation spectrum they absorb, and how that's different from other gases in the atmosphere...and i've asked a lot of people who should know...
Toggle Commented Aug 12, 2016 on Short pants at Environmental Economics
1 reply
so you don't flush, and as you're leaving you hear the guy in that stall tell the person on the other end of his conversation that some jerk just took a crap in the stall next to him and didn't flush it...
Toggle Commented Aug 9, 2016 on Potty humor at Environmental Economics
1 reply
there's been a lot of conflating real personal consumption expenditures as it's included in GDP with consumer spending in the manner of retail sales...for instance, at the WSJ economics blog, they wrote: "U.S. consumer spending rose 4.2% at a seasonally adjusted annual rate in the second quarter of the year" that's a misrepresentation. U.S. consumer spending grew at a 6.1% rate in current dollars in the 2nd quarter, but once the inflation adjustments were made with the 1.9% annualized increase in the PCE price index, real PCE, which represents the change in the quantity of goods and services provided to consumers, rose at 4.2% rate in the 2nd quarter... the change in GDP measures the change in quantity, not a change in dollars...
Toggle Commented Jul 30, 2016 on Links for 07-30-16 at Economist's View
1 reply
is there a lot of that going around? i had a friend write that her daughter had joined a flat earth cult....they don't believe in evolution or climate change, in addition to denying the round globe...
1 reply
Macroblog seems to chalk up the drop in the labor force participation rate to monthly flows of youth into and out of it as they pursue their education...i can't buy that; the LFPR is down year over year, obly 1.1 million workers have been added in that period, while those not in the labor force continues to hit new highs... http://www.bls.gov/news.release/empsit.a.htm (note the # of workers here are half the jobs added shown by the establishment survey)
Toggle Commented Jun 23, 2016 on Links for 06-23-16 at Economist's View
1 reply
someone should tell tim taylor that we dont need the history of the PPI, we need an explanation of how it's constructed in it's current form: http://www.bls.gov/news.release/ppi.nr0.htm everyone who writes about it still sticks to the old wholesale goods prices parts...i've yet to see a detailed explanation of the 4 stages of intermediate demand for services, much less monthly coverage of those metrics
Toggle Commented Jun 18, 2016 on Links for 06-18-16 at Economist's View
1 reply
i disagree with the premise of Bernstein's article...there is no need to raise taxes to accomplish what he wants (improve our infrastructure, push back on global warming, fight poverty and inequality, and improve health and retirement security)...since we're the issuer of dollars, all that can be accomplished by simply "printing" them...the only limiting factors are resouces and labor...
Toggle Commented Jun 14, 2016 on Links for 06-14-16 at Economist's View
1 reply
i sure wouldn't vote for either, but Hillary scares me more than the Donald dowa...
1 reply
its not meant to be rational...gut feelings never are...
Toggle Commented Jun 11, 2016 on Links for 06-11-16 at Economist's View
1 reply
im not arguing for Trump....this is the worst choice weve had in my lifetime (im 68)....just that im more scared of what Hillary might do, because she takes herself so seriously
Toggle Commented Jun 11, 2016 on Links for 06-11-16 at Economist's View
1 reply
Trump is all bullshit, and he will not act on anything he says to get elected...Trump will negotiate after making bombastic threats; Hillary is far more likely to get us into a serious war with the Russians or Chinese because of her personal sense of self-righteousness...
Toggle Commented Jun 11, 2016 on Links for 06-11-16 at Economist's View
1 reply
i wouldnt vote for either of them, but, yes, Hillary as president frightens me more than Donald does...
Toggle Commented Jun 11, 2016 on Links for 06-11-16 at Economist's View
1 reply
re Trump, Clinton on the environment - most of what Trump said to get the Republican nomination has little to do with what he really thinks...most of what's he's been saying has just been playing to the lowest common denominator of the republican base....for instance, Trump to Obama in 2009: “If We Fail to Act Now … There Will Be Catastrophic and Irreversible Consequences for Humanity and Our Planet” http://ecowatch.com/2016/06/09/trump-climate-action/ (full page ad in the NY Times signed by Trump and all of his adult children)
Toggle Commented Jun 11, 2016 on Links for 06-11-16 at Economist's View
1 reply
i can already hear the claims that out of state money is trying to influence the results...
1 reply
bullying doesn't work. witness: http://www.politico.com/magazine/story/2016/06/wall-street-2016-donald-trump-hillary-clinton-213931
Toggle Commented Jun 2, 2016 on Paul Krugman: Feel the Math at Economist's View
1 reply
it's clear that cholesterol levels are a symptom, not a cause...treating the symptom does not allieviate the underlying problem
1 reply