Common Cents Blog
This morning, the Bureau of Labor Statistics (BLS) released “The Employment Situation – July 2020.” It reported the US economy created a total of 1.763 million net, new payroll jobs last month. That is huge number,…
Despite this week’s dreadful economic data, the sun came up this morning. It seems a sharp reduction in US economy activity over a 3-month time frame doesn’t have much of an impact on the Earth’s rotation.…
I think it safe to say people are ‘coming around’ to the idea the economic recovery probably won’t be V-shaped. We might not be talking about a recovery, at all, without another round of some sort…
Last night, as I was finishing the second section of Robert A. Heinlein’s The Moon is a Harsh Mistress, the commentators on the television began discussing the reopening of schools. As I mentioned last week, my…
My wife and I have settled into a little routine since the start of the pandemic. After work, I read a book on one end of the couch and she watches CNN from the other. Unless…
I won’t mince words: this morning’s Employment Situation for June 2020 was a blowout, and in a good way. According to the Bureau of Labor Statistics (BLS), the US economy added, get this, 4.8 million net…
Judging from the headlines and the markets, it seems as though investors might have awakened this week, at least a little bit. While things probably aren’t as bad as many may fear, they also aren’t as…
With everything that is currently happening in the world, you would think it would be easy to find a topic for a weekly economic newsletter. Trust me, it isn’t. If fact, it is incredibly difficult, as…
Believe it or not, I have always attempted to be as apolitical as is possible in this newsletter. I don’t always succeed, but I still try nonetheless. Of course, most folks can probably tell by now…
Everyone has heard the cynical expression: “if it seems too good to be true, it probably is.” Obviously, that isn’t always accurate, and life wouldn’t be worth living if it was. For example, I went quail…