CTH puts released economic data into ‘what does it mean‘ terms as a conversational priority.  The Bureau of Labor and Statistics (BLS) releases the first quarter productivity and costs report today [BLS Data Here].

Outputs, what was created, dropped 2.4 percent, yet labor hours used to create those outputs increased 5.5 percent.   This creates a productivity drop of 7.5% for the overall business.  The largest quarterly drop in productivity since 1947.

This is a warning indicator inside the economy to employees of large organizations.  CTH has been tracking productivity for quite a while, and the signs have all looked foreboding. {Go Deep}   Businesses cannot afford to keep employees on payroll if customer demand drops.

The per unit labor cost to make the products has increased 11.6%.   Wages have gone up 3.2% (pay increases) and productivity has dropped 7.5%, combined that creates the 11.6% increase in per unit cost to producers.

I have often used the example of making bread {Go Deep}.  If you are making 10 loaves of bread, there is a set amount of cost associated with each loaf created.  The total cost of each loaf is the total cost to produce the entire batch divided by ten.

(more…)

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

(more…)

CNN conducted another poll to evaluate voter trends [pdf data here].  The results show a significant drop in American opinion of the economy with 77% rating the current status as “poor,” and 23% saying it’s “good.”  Additionally, 66% of people polled disapprove of the way Biden is handling the economy.

As CNN painfully noted: “Even within the Democratic Party, just 7 in 10 approve of Biden on the economy (71%) and helping the middle class (71%), considerably lower than the 86% of Democrats who approve of his performance overall. Fewer than half of Democrats say Biden has improved the nation’s economic standing (45%), down from 58% in December.” (article link)

In the video discussion, CNN Political Director David Chalian is just gobsmacked, stunned and amazed that 63% of these people are saying they are buying fewer groceries because stuff is just too expensive. WATCH:

.

Whenever voters put democrats in charge of the economy, it just sucks.

(more…)

As expected, the Federal Reserve has raised interest rates .50%.  However, inflation is expected to remain high as prior spending debt bubble remains in place.

WASHINGTON, May 4 (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and the U.S. central bank’s chief made an appeal to Americans struggling with high inflation to be patient while officials take the hard measures to bring it under control. (read more)

Within hours of the announcement, major U.S. banks including JPMorgan Chase & Co, Wells Fargo Bank and Citibank raised their prime rate to 4%, effective Thursday.

The timing of the rate increase is what was expected.  Last year’s inflation spikes started appearing in June of 2021.  By delaying the 2022 FED response until right now, the political operatives in control of U.S. monetary policy create a scenario where the Fed impact will appear to surface in June of 2022. Exactly one year from the date of the first wave of inflation from the prior COVID spend.

Year-over-year inflation will statistically begin to give the appearance of moderation, once the June (’21) to June (’22) comparison cycle arrives.  The Fed and White House will use the intentionally timed statistical outcome to claim inflation is diminishing.  It’s a political trick we expected.

(more…)

Perhaps in the grand scheme of all things facing us, this action by New Jersey may seem a little silly; however, it’s still nuts.

Comrades, starting today it is illegal in New Jersey to have plastic or paper bags in stores for shoppers.  Additionally, restaurants, cafeterias and food trucks are forbidden to serve take-out food in Styrofoam-like products. Also, all retailers must stop selling polystyrene foam products like plates and cups.  Drinking straws require a permit for restricted distribution as monitored by the Department of Health.

To ensure legal compliance within the Garden State, officials in New Jersey have established a snitch hotline for citizens to call the Dept of Environmental Police (DEP) and report dissident violators, while the state ministry of citizen compliance have created a “WARN DEP” app to facilitate easier snitching on your neighbors if you spot them using contraband containers.

“The ban will go into effect [May 4th] nearly 18 months after the law was signed by Gov. Phil Murphy.” ARTICLE

We cannot get to environmental justice without citizen participation, comrades.

(more…)

If we thought the rage-filled apoplectic leftist meltdowns were bad about the Twitter purchase before….. whoooo doggies, them splodey’ heads are going to erupt even bigger now.

According to Truth Social CEO Devin Nunes, former President Donald Trump encouraged billionaire Elon Musk to purchase Twitter to help bring free speech emphasis back to social media.  {Direct Rumble Link} WATCH:

(more…)

It’s not that hard to see the GOPe Club moves in Georgia, you just have to shake off the ‘battered conservative syndrome‘ to accept it.

Georgia is holding an open primary, where democrats can vote for republicans and republicans can vote for democrats.

The Democrat Governor candidate is Stacy Abrams, and she is running unopposed.

The AME Church Network (think prior Mississippi strategy for Thad Cochran by  Haley Barbour and Mitch McConnell) have been activated to vote in the republican primary, so democrats in Georgia will choose the republican candidate who will run against Stacy Abrams.

Georgia Democrats will vote for incumbent republican governor Brian Kemp this month because that’s who they want on the ticket in the November general election, facing their candidate, Stacy Abrams.  Georgia is the homebase of the AME church network and their political operations.  This is part of the reason why Georgia politics is: (a) racially divisive; and (b) fraught with corruption.

As a direct result of democrats selecting the opposition, Stacy Abrams will win in November.  Open primaries are club rules used to make red states turn blue.  Allowing your opposition to choose your candidate is never smart. [Note: Texas is soon to follow if they are not careful.]

Everything at this level of electoral games is controlled by the state political clubs.   The republican club in Georgia is ideologically against MAGA more than they are against Democrats.  The GA parties control the rules and thereby the political outcomes, the voters in GA operate under the illusion of choice.  This is not uncommon.

(more…)

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

(more…)