Yearly Archives: 2003

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Improving Productivity and no Jobs

This entry was posted in Economics on August 9, 2003 by Steve

This is the good news:

On Thursday August 7th, the Bureau of Labour Statistics offered the latest evidence of America�s productivity revival: output per worker soared by 5.7% in the second quarter, at an annualised rate.

And this may be very bad news for Bush reelection prospects if not for the rest of us:

Arthur Okun, an American economist, showed that employment would fall, even if the economy were growing, if an �output gap� opens up between actual output and the economy’s long-term �potential� output. Okun�s razor appears to be at work in the American economy today, shaving payrolls in the non-farm sector by 44,000 in July.

After promising to cure all ills with his tax cuts bush’s failure to deliver may lead the armies of unemployed to vote for anyone but bush.

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Late Night Reading

This entry was posted in Late Night Reads on August 8, 2003 by Steve

Henry at Crooked Timber deliberates on whether or not democracy is bogus.
Lessig and comments on the California recall election.
Emma has some interesting concerns about airport security.
Good Night!

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the toy boy

This entry was posted in bush on August 8, 2003 by Steve

You love bush. You swooned as he walked across the deck of that aircraft carrier. This is for you.
Via Hammerdown.

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Arnold Shows it All

This entry was posted in scharzeneger on August 8, 2003 by Steve

Charles at Laquidara has Arnold’s republican and democratic campaign photos. Some of you may be a bit disappointed. This may, though, provide an opportunity for some revisionism.

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Flashing

This entry was posted in Culture on August 8, 2003 by Steve

Flashing may have a new meaning:

A growing flash mob craze — when crowds organized by e-mail turn up in unexpected places — brought a mob late on Thursday to the flagship Times Square store of Toys “R” Us, where a giant dinosaur roars menacingly at customers.

Prediction: at least one of these events will, in the future, include just that: flashing.
This is a phenomena that is aching for a name of its own. We all understand getting Slashdotted and if we are lucky tomorrow we will still understand being flashed.
Who has a unique name for these gatherings?

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