Places over-hired in 2021-22 and are having to grow to put that staff to use. Seems reasonable given the step down in NGDP growth over the last 5 years.
27.10.2025 15:18
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Places over-hired in 2021-22 and are having to grow to put that staff to use. Seems reasonable given the step down in NGDP growth over the last 5 years.
Slowflation
Birmingham is doing surprisingly well right now. www.wsj.com/lifestyle/ca...
I wonder how much of the white collar job market weakness is just cyclical weakness vs “AI” driven structural changes.
My wife used ChatGPT to make
coloring sheets combing photo’s of our kids and their favorite characters. It did a pretty good job and creating something they really enjoyed coloring.
On a road trip in college, we ended up going almost all the way to Cleveland instead of Indianapolis because it was nighttime, and we missed the exit.
That’s fair. In AL Auburn has definitely benefited from GA’s overflow and the 2nd tier schools in the state seem to be doing ok. But, enrollment does seem to be peaking.
Hasn’t that been the trend in the South for awhile? Flagship Universities booming (SEC, ACC) while lower tier schools stagnate. Maybe the elite schools are wanting in on the action.
One of the problems with reconciling Biden’s legacy is he ran as a moderate but governed as a progressive. Plus, the age issue makes it easier to overlook the policy failures.
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Columnist @warondumb.bsky.social asks: Why did Tommy Tuberville vote in Florida if he lived in Alabama?
Does it matter to you if a candidate for governor lives in Alabama?
Read the column: https://www.al.com/news/2025/05/why-did-tommy-tuberville-vote-in-florida-if-he-lived-in-alabama.html
I’ve enjoyed Newsom’s podcast. Not sure if he is right to be President, but he seems to be trying to find a voice/line.
Not ideal, but a lot better than a rump state centered around Lviv that seemed like the “best” outcome when the invasion started.
That’s fine, but the American people will just blame Trump and his failed tax policy.
The See of Canterbury and Rome are open at the same time. Might be time for a reunification candidate.
The losing candidates in 2012, 2008, 2004, 2000, and 1996 were more popular than the winners in any of the three most recent elections — parties used to try to be liked.
We decided to shoot ourselves in the gut, instead of shooting ourselves in the head.
It wasn’t an unreasonable thought, look at Mnuchin from the first term. Trump just seems hellbent on tariff.
I listened to him on Bloomberg radio this morning, he seems completely disconnected from actual events.
There's no logical or moral or strategic defense for what we're doing right now. It's an idiotic plan being implemented with a level of incompetence that has no possible explanation.
In the 2020 recession housing didn’t crash like in 2008, in 2025 long rates might not crash like they did in 2020. Reductions in the Capital Account Surplus, the “need” to build factories, and Federal debt might keeps rates higher than many anticipate.
10-year seems to be holding that 4 handle. Crisis the market, and they don’t even get to save on interest payments.
So weaker dollar.
The FB crowd is cheering for this. People have become too accustomed to once-in-a-lifetime crises working out.
WSJ-type Republicans seem very up for grabs in 2026, and my guess is they are one of the GOP’s better “will actually show up for the midterm” constituencies. This could get ugly for them.
Factory jobs are honest work. Moving to factory jobs aren’t so much the problem it’s moving down the value chain and working in factory jobs that that couldn’t exist here before because US labor was to productive/ expensive on average to allow it to exist.
WSJ Republicans are up for grab in 2026.
I wonder if right-wingers really buying into the idea that AI is going to kill knowledge jobs is part of the reason.
Dems need to become the anti-tariff, this stuff isn’t going to cut it.
The tariffs are so badly thought out and supported it almost feels like they are designed so Trump can touch the hot stove and learn for himself. Might be wishful thinking but it might imply a higher strike price on the put option.
Hopefully the neo-Brandeis move over to MAGA.