Job & Trade Data
Federal Employment report:
“Total nonfarm payroll employment rose by 245,000 in November, and the unemployment rate edged down to 6.7 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. However, the pace of improvement in the labor market has moderated in recent months. In November, notable job gains occurred in transportation and warehousing, professional and business services, and health care. Employment declined in government and retail trade.
Ure’s Ultimate Truth Detector On Jobs Datal (UUTDOJD) (a cross-platform app that runs best on an Amiga or Vic-20) says you need to look at the total number of people working. Period, full-stop, endo, Finis.
By this (infallible bullshit) filter, we see the number of people working this month (compared to last) is? 149,732,000. Actually down 74,000 from last month. Catching that certain stockyard whiff, are you?
What’s less, the number of people working this Novbember, compared to last when 158,536,000 were employed. Meaning? The total number of people working is down 5.55% compared with a year ago.
Against that background, at the end of last November, our Aggregate Index of stocks stood at 26,660.93. The end of this November? 32,696.20.
You following? People working is down 5.55%. Stocks are up 22.3%.
Help a brother out here: How does this have a happy, pain-free, Utopian ending?
…a role in the nightmare-to-come: Trade the goods and services deficit was $63.1 billion in October, up $1.0 billion from $62.1 billion in September, revised.
The numbers going up (except exports) is BAD.
Despite Trump’s MAGA talk, the reality is we aren’t building factories, hiring people, and getting out of hock to other countries.
So again, wanna share the “happy ending” with us? (Send comments)
As the A.I. Spins
Our new tool-set to track the A.I. re-spinning “the news” is full of surprising and useful information. Today’s action-figures keyword is “rush.” No, not as in the “Open Lines Friday” sort.
This morning, the top “spin” was a “Congress rushing” tale. Which we all know is total BS. A.I. not knowing this, of course, continues to spew the illusion that “ It’s all OK, government’s gotcha covered.” Which they don’t.
If they did, an additional stimulus check would have been in your account before the election. And the machinations now – near as we can figure – are aimed at people who comprise over half of America: Suckers, Droolers, and Fools. (SDF’s)
Because anyone in a rational mindset would have seen the wisdom of our long-predicted out to letting political turds anywhere near the public’s money: They’ll hold it hostage with more gusto than an Iranian Guard’s unit . Which they continue to do. While the Big Lies, Often Told are paraded before the (SDF’s) with maddening predictability.
A.I. is selling “ the being in a hurry” – RUSH – to move change along.
- The keyword emerged 3-days back when The Hill began a report “Lawmakers are rushing to wrap up end-of-year legislative business…“
- Significantly to Big Data students, the concept doesn’t materialize until you “go deep” and “cross-platform.” But, when you do, you’ll find lots of “rushing” going on. For example, in a story here, Fox sells the idea of “…The government is slated to run out of operating funds at 11:59:59 p.m. ET on Dec. 11. Congressional leaders and appropriators are rushing to assemble a package that can pass both bodies of Congress…”
- “…Rushing through these leases is incredibly wreckless…” the Fairbanks Daily Miner tells subscribers as the Trump administration is pushing ahead on ANWR oil leases in a bit what? [Rush!]
- And “Biden Fix” (see Thursday’s column) is being messaged back “Biden Must Not Rush to Nuclear Diplomacy With Iran.”
Now, are you seeing yet how A.I.s are running the world and messaging back and forth in the daily news flow?
The RUSH to What?
We’re not sure, honestly. The end of the year being here, we’re stuck on “Do we add a new server here and Section 179 it this year?” We’ve become rather impressed with what 64 GB DDR4 and 2 TB SSD Intel Octa-Core‘s can do.
One of the best possible ways to reduce your [business] tax liability (in our view, YMMV) is to make wise year-end decisions. For ideas, the Section 179 website (https://www.section179.org/section_179_deduction/) is worth a visit. Remember – hate Trump all you want – what he and other business moguls do is work the tax code.
It’s a two-fer. You get top-notch tools to remain (and become more) competitive. And it reduces your “profile” in terms of being one of the hated “Rich.”
The Rush is Wide
The word shows up a lot recently. Even in video game development, though a bit less manic, is there: Why Take-Two Doesn’t Need To Rush ‘Grand Theft Auto VI’. (Did I miss GTA-V? OMG…)
You know what rush is ahead, though? Can the Nation’s Supply Chains Handle the Holiday Rush?
And while we’re trying to decode the meaning of “Mandryk: Moe caught in the Christmas rush of his own making” in the Regina Leader-Post (*Maybe Chris Tyreman can explain Saskatchewanese-stylized Canadafied-writing to us…), here’s the American Banker going on about how a Coin shortage persists ahead of holiday shopping rush.
We haven’t used coins for years, though. Near as we can figure, the only thing they buy is tax.
AOC’s (Still) an Idiot
Our favorite idiot (*after Scummer and Schifty) in Washington is AOC. Who gets well-deserved heat in “AOC’s ‘Tax The Rich’ Sweatshirt Merch Controversy: ‘Only Rich People Can Afford It’.” $58-bucks? Line-up the gullible suckers and stand-by to shear the flock, redux…
UrbanSurvival readers, being the steely-eyed financial realists, we are, will buy the $13.25 Jerzees Men’s NuBlend Fleece Sweatshirts & Hoodies, Full Zip – White, X-Large off Amazon.
Then, borrowing a Sharpie at work. will emblazon it with a suitable phrase like “AOC Supporters are Idiots.” (We hold these Truths to be self-evident…is optional.)
Now, having saved you ($58 less $13.25) $44.75? Sign up for Peoplenomics over here. And take the $4.75 you’ll still have leftover and use it for a down payment on a couple of beers. Well, more, actually.
A Pabst 30-pack at Wally World is $19-bucks, so 63.33-cents a beer…11-beers, a year of good reading and a useful full zip sweat shirt. AOC doesn’t have a chance, except among the stupid/polarized.
Who support a socialist camera-scamera.
Shouldn’t be too tough a decision. If it is, please leave the country.
In the Shorts
These are lesser-interest, but useful to know. Coffee-pot talk. Socially-distanced.
Government wants to snoop your browsing history. And the Fools on the Hill aren’t doing shit about it so far. Don’t hold your breath.
In the heavens, two planets will align this month in an unusual (800-year) Christmas Star formation.
In southern California, it’s the Endless Fire Season as wildfires continue.
Stock Bubble continues to inflate. Latest example? ‘Ride the wave’ in Tesla as stock climbs on $780 price target from Goldman Sachs, trader says. Are we the only ones holding out for a dividend?
More Proof of Bubble? DoorDash On Track To Raise More Than $3BN After Lifting IPO Price. This is getting to be like a craps game without real money, ain’t it? With no real value, players are just rolling out of habit. When will sobriety arrive?
Recent Amazon flick (was it “ The Outpost”?) kinda got me in the mood to ponder genetically and technologically augmented super-soliders, again. Right on schedule (as an archetype projection?): ‘China Is Biggest Threat To National Security’ (And Has Been Conducting ‘Super-Soldier’ Experiments) Says Ratcliffe. Way past speed and rhodioloa, I’m afraid.
Next Delusion, Please? We already know that robotics and 3D printing are the future (see our https://ultra-make.com site). But looks to us like the NY Times Biz section (the worthwhile part of the pape) is asking the old Hendrix question: “…there must be some way out of here, said the Joker to the Thief…” ”
Experts and Leaders Weigh In on How to Fix America” is worth a read. And there are some damn good ideas that Andy Sorkin and crew have come up with. None democrats will roll with, but shit, look surprised by that, huh?
Fake climate compliance? May be: Because while Denmark To End North Sea Oil And Gas Production By 2050. the fact is depletion never sleeps. Which is what ANWR matters, but don’t mind me. Denmark may simply run out by then.
Lifestyle Control Rant
We made a conscientious decision when we bought out here in the East Texas Outback in 2003. We figured in the event of calamity, we would have a better chance of scraping by with a garden and the few head of cattle in the neighborhood, and farm eggs from neighbors, too.
Thing is: We voluntarily downscaled.
There’s a story out the UK that underscores a simple fact: The longer you delay personal downscaling, the more it will hurt. UK Insists Can Achieve 68 Percent Emissions Cut By 2030.
A lot of people talk about “carbon neutrality” but, living on a semi-sustainable property, investing in solar and organics is burdened with an amazing amoutn of hard work.
We continue to be appalled by the number of bullshitters on the web who have never “lived off grid” or lived a light footprint. Preach it but can’t walk it. Too hard work for these pussies and whimps.
Instead, what you read on the web is mostly socialist stooges – like Climate Czar-to-be John Kerry. Who – by marrying well and such, has multiple homes, travels by private jet a lot, and so forth. Don’t Skype the Antarctic, make some smoke. Spin up the Pratts.
If there’s a worthwhile project to put some time into over the holidays, it’s penciling out how to migrate your own lifestyle to something with a lighter footprint.
The change is evident in our own family. One daughter has gone into the “shared housing” mode. The other has been a Prius driver after a micro car. Things to be proud of. They’re moving in the right direction.
We can’t look to people holding office for leadership. They’re mostly corrupt and “lead from the rear” types.
Yet, groups at the front of social media – the headline grabbers – do things like burn down their own neighborhoods and then blame racism when business flees – leaving food islands and such. Yet millions follow idiotic behaviors.
No, the right answer is different. “It starts with me.”
Do you buy things based on long-term costs, or because of “fashion?” Do you “buy news clothes” because “Everyone else has ’em….”
Breaking from the herd is tough. But, it’s also one of the most freeing and rewarding things you can do. Savings come almost authomatically because you don’t over-consume. Becoming the “strong person” – and asserting that you are the only one entitled to judge you – is one of the finest ways to perpetuate Freedom. For weaklings, Freedom is a myth, a story…
The ultimate ground of Freedom is between the ears. Own it there or you don’t have it at all. But the behaviors (and consumptive patterns) that “leak out” into your nominal world are the real indicators of truth. Far more than “social media.”
Have no guilt, hold to strength. Seek truth and be honest even when it hurts.
That’s the salvation of Earth. If we all “get it” in time.
Right now? The betting odds are close. They shouldn’t be.
Write when you get rich,