Friday, February 15, 2019

Chart of the Day: Manufacturing Employment Edition

From Bloomberg:

While the number of manufacturing jobs is up from the low set during the Great Recession, the total is still lower than any other time since 1950.  Unfortunately, I believe it will plumb new lows in the next recession, and will almost certainly never get back to pre-2008 levels.  A few of the reasons for that are that manufacturing is hard, it is extremely capital-intensive, and new technology is eliminating the need for some employees.  It is a lot easier to make money in advertising or mergers and acquisitions or technology. 

Monday, February 11, 2019

Early February Links

Some of my favorite stories from the previous week:

After the abuse Jackie Robinson endured, Frank Robinson refused to take it - Chicago Tribune

Farmers nearing crisis push back on Trump trade policies – Politico and ‘This One Here Is Gonna Kick My Butt’—Farm Belt Bankruptcies Are Soaring – Wall Street Journal

Is Fear Driving Sales Of Monsanto's Dicamba-Proof Soybeans? - The Salt

Long, strange trip: How U.S. ethanol reaches China tariff-free - Reuters

A Water Crisis Is Growing In A Place You'd Least Expect It - NPR

In Era of Drought, Phoenix Prepares for a Future Without Colorado River Water - Yale Environment 360.  Part 4 in a series.

CNX reports suspected cause of Utica Shale well problem near Beaver Run Reservoir - Pittsburgh Post-Gazette

How ‘Interior Landmarks’ Redeemed New YorkThe American Conservative and  Architectural history hidden by Detroit ceilings for years - Detroit Free Press

Fight the Ship - Death and valor on a warship doomed by its own Navy. – ProPublica

The Five Families of FecesNew York Magazine  

Abuse of Faith - Houston Chronicle and San Antonio Express-News.  This is Spotlight-level investigative reporting.

A Tennessee clinic swindled the military out of $65M. This is how it got caught – The Tennessean

Simon Institute research shows state funding disparities benefit downstate - SIU News.  According to this, the suburbs, and to some extent Chicago, get hammered to benefit rural areas.

‘My whole town practically lived there’: From Costa Rica to New Jersey, a pipeline of illegal workers for Trump goes back years - Washington Post

The hypocrisy of Trump’s jobs claims, in one chart - Vox (chart from Aaron Sojourner)