The Wall Street Journal finally catches up to The First Street Journal.

How many times have we been touting the use of the U-6 unemployment rate? From The Wall Street Journal: Forecasters See Slow Progress in Labor-Market Measures Favored by Trump Administration Workforce participation seen rising to 63.3% in 2019 from 62.9% in January By Josh Zumbrun | Updated Feb. 9, 2017 10:22 a.m. ET Broader measures …

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President Trump’s first week: his supporters are happy, the left are not

From The New York Times: Trump Backers Like His First Draft of a New America By Jack Healy | January 27, 2017 MOUNT GILEAD, Ohio — The challenge Annette Cottrell pondered was how to grade President Trump’s stormy first full week on the job. A trade war bubbling up with Mexico. A divisive border wall. …

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Even after 73 days, The New York Times still doesn’t get it Rather than examine where they went wrong, they doubled down on their pre-election claims

Even with 73 days to ponder things since the election, The New York Times still doesn’t get it: Trump’s Grim View of the Economy Ignores Most Americans’ Reality By Binyamin Appelbaum | January 20, 2017 WASHINGTON — The dismal picture of the American economy President Donald J. Trump painted in his Inaugural Address on Friday …

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Fed sees little need for future “stimulus” spending For once, I agree with Janet Yellen!

From The Wall Street Journal: Fed Officials See Less Need for Tax and Spending to Boost Short-Term Growth Shift in thinking comes as economy improves, jobless rate declines By Shayndi Raice | January 16, 2017 8:00 a.m. ET Federal Reserve officials increasingly say they don’t see a need for stimulative government tax and spending programs …

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General Motors plans on new American jobs, but is laying off American workers now

Thank you to General Motors and Walmart for starting the big jobs push back into the U.S.! — Donald J. Trump (@realDonaldTrump) January 17, 2017 Just about everyone in the Lordstown area knows someone who has worked at GM. Cars are in everyone’s blood. Local diners and Dairy Queens are decorated with clocks and posters …

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Why Donald Trump won, why the economists have been baffled

Why many don’t feel the economy is great = 6 in 10 Americans don’t have $500 in savings https://t.co/PjThpQdKF6 via @KathrynVasel pic.twitter.com/eaVzNoNuEF — Heather Long (@byHeatherLong) January 12, 2017 6 in 10 Americans don’t have $500 in savings by Kathryn Vasel | @KathrynVasel | January 12, 2017: 8:21 AM ET If you were suddenly hit …

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The December employment figures

Tonight President Obama will get his last “sneak peak” at the U.S. jobs report. Trump gets it next month: https://t.co/XfLL0Myw8c — Heather Long (@byHeatherLong) January 5, 2017 Since U-3 is close to as low as it can go, the real measure is how much U-6 changes. To me, U-6 is the important measure. https://t.co/sBJWK7Sk12 — …

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Ford cancels Mexico plant; Ford stock jumps The incoming President is doing what he said he would do, even before he takes office

Darn it! I wish that I’d had more money to buy Ford when the stock was below $2.00! Ford cancels Mexico plant. Will create 700 U.S. jobs in ‘vote of confidence’ in Trump Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new …

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George Jetson’s job: what if there aren’t any jobs in the future?

Do you remember what George Jetson’s job is/was/will be? Mr Jetson is, or will be, I suppose, an employee at Spacely’s Space Sprockets, and his job title is “digital index operator,” which primarily requires him to repeatedly push a single button (or on occasion a series of buttons) on a computer named RUDI, short for: …

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The peasants are revolting, Part 3 The patricians simply don't want to understand the plebeians

From the commentary pages of Investor’s Business Daily: Study: The Obama Recovery Is A Myth By Terry Jones | December 7, 2016 President Obama has staked a great part of his legacy on the idea that he skillfully engineered a great recovery from the financial crisis. The Obama-friendly media routinely parrot the idea. But in …

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