Tag Archives: bureau of labor statistics

Living the Lie

The problem with government propaganda, among many, is that it denies the truth. It attempts to induce people, through repeated justifications, to accept an official narrative that anyone with a small modicum of curiosity knows to be a lie. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 21 Comments

Why Labor Productivity Has Collapsed

Recession. Raging consumer price inflation. A Presidential administration that seeks to confuse and obfuscate what’s really going on. These are the realities facing American workers in the dog days of August circa 2022. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 29 Comments

What Happens When Work Doesn’t Pay

Jobs data reported this week by the Bureau of Labor Statistics show that, as of the last business day of June, there are 10.7 million job openings. Hence, according to the numbers, there are many more available jobs than willing workers. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 17 Comments

How Uncle Sam Inflates Away Your Life

“Inflation is always and everywhere a monetary phenomenon,” once remarked economist and Nobel Prize recipient Milton Friedman.  He likely meant that inflation is the more rapid increase in the supply of money relative to the output of goods and services … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , | 18 Comments