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Author: jwelcome

Senate Democrats Urge FBI to Assess Security at Mar-a-Lago

Mar-a-Lago on April 03, 2019.Joe Raedle/Getty Images Looking for news you can trust?Subscribe to our free newsletters. Three senior Senate Democrats want the FBI to evaluate the national security risks posed by vulnerabilities at Mar-a-Lago in the wake of the recent arrest there of a Chinese national, Yujing Zhang. Zhang had allegedly gained entry to Donald…

Wage Growth Has Been . . . OK Over the Past Year

Looking for news you can trust?Subscribe to our free newsletters. There must be something in the water. Today brings us another terrible chart, this time from the Wall Street Journal: Come on. You can’t compare workers’ earnings to core PCE, which doesn’t include food or energy. Core PCE might be useful for the Fed when…

Has Deflation Killed the Japanese Economy?

Looking for news you can trust?Subscribe to our free newsletters. Conventional wisdom in economics says that deflation is bad because it motivates consumers to put off purchases. Why buy now when the same item will cost less a year from now? Dean Baker isn’t so sure: Japan’s rate of deflation has only exceeded 1.0 percent…

Chart of the Day: Democratic Fundraising So Far

Looking for news you can trust?Subscribe to our free newsletters. Here are the fundraising numbers for each of the top Democratic candidates in the first quarter. For those who haven’t announced their totals, I’ve guessed—making the assumption that their numbers are probably a little disappointing if they’re holding back. Obviously my guesses might be wrong,…