Month: November 2013

November 8, 2013 0

Establishment Survey: +204K Jobs, Household Survey: -735K Jobs; How Federal Layoffs Distorted the Picture

By News Desk

For further discussion of income distribution, please see What’s "Really" Behind Gross Inequalities In Income Distribution? BLS Birth-Death Model Black Box The BLS Birth/Death Model is an estimation by the BLS as to how many jobs the economy created that were not picked up in the payroll survey. The Birth-Death numbers are not seasonally adjusted, while the reported headline number is.

November 8, 2013 0

The Better Tasting Jellyfish Appetizer

By News Desk

Tweet Among the things that the bunnies will have to adapt to is the better tasting jellyfish appetizer.  Served everywhere in China, the best anyone has to say for it is that it is tasteless, somewhat like eating boiled rubber bands, but not so flavorful and twice as chewy.  Dano brings the bad news to Rabett Run

November 7, 2013 0

It Can’t Be Done

By News Desk

The New York Times reports Chinese Leader’s Economic Plan Tests Goal to Fortify Party Power China’s president, Xi Jinping, is about to plunge the country and himself into a risky experiment: an attempt to carry out market-driven economic overhauls while reinforcing the Communist Party’s pillars of political and ideological control. This mixed agenda has magnified doubts about whether he can deliver on his promises of transformation. At a meeting, or plenum, of the party’s Central Committee that starts Saturday, Mr.