Tag: employment

And He’s Gone

When I suggested that Biden aide TJ Ducklo should be fired for his abusive behavior to a reporter, I did not expect this to happen, but now the former Assistant Press Secretary has resigned.

His behavior was indefensible, so it wasn’t:

White House deputy press secretary TJ Ducklo has resigned, the day after he was suspended for issuing a sexist and profane threat to a journalist inquiring about his relationship with another reporter.

In a statement on Saturday, Ducklo said he was “devastated to have embarrassed and disappointed my White House colleagues and President Biden”.

“No words can express my regret, my embarrassment and my disgust for my behavior,” he said. “I used language that no woman should ever have to hear from anyone, especially in a situation where she was just trying to do her job. It was language that was abhorrent, disrespectful and unacceptable.”

It is the first departure from the new administration, less than a month into President Joe Biden’s tenure, and comes as the White House was facing criticism for not living up to standards set by Biden himself in their decision to retain Ducklo.

During a virtual swearing-in for staff on inauguration day, Biden said “If you ever work with me and I hear you treat another colleague with disrespect, talk down to someone, I will fire you on the spot. No ifs, ands or buts.”

Ducklo was suspended for a week without pay on Friday after a report surfaced in Vanity Fair outlining his sexist threats against a female Politico journalist to try to suppress a story about his relationship, telling her “I will destroy you”.

Thoughts and prayers, I guess.

It’s Jobless Thursday

Better, but still not good initial unemployment claim numbers, 793,000 claims:

The labor market is offering signs the economy is starting to mend from a steep winter slowdown.

Worker filings for unemployment benefits—while still high—decreased to 793,000 last week, well below an early January peak that exceeded 900,000. Employers resumed hiring in January after payrolls fell at the end of 2020, and job openings picked up, driven by growth in industries that have weathered the pandemic relatively well.

………

One catalyst for the recent labor market improvement is the latest round of government aid, including small-business loans intended to help employers keep and rehire workers, said Ms. Markowska. Another is the relaxation of pandemic-related business restrictions in California and the Northeast.

………

Unemployment filings remain above the pre-pandemic peak of 695,000, pointing to the long road ahead for the recovery. About 4.5 million Americans were collecting unemployment benefits through regular state programs in the week ended Jan. 30. So-called continuing claims are well below pandemic highs but still more than double the levels seen a year ago.

………

Many workers are experiencing long spells of joblessness. About 4.8 million Americans who exhausted their regular state benefits were drawing on extended benefits through one of the federal pandemic programs in the week ended Jan. 23, a jump from 3.6 million a week earlier. 

At the very least, Biden and the Democrats, unlike Obama in 2009, recognize the risk is in doing too little, and not too much to ameliorate the situation.

Yes, This Works

Beccause of the rather odd structure of the US Post Office, cannot fire the incompetent vandal Louis DeJoy as Postmaster General, only the board can do that.

However, Biden can place people who don’t want to kill the Post Office on the board, and this is what he is doing

Well played:

President Joe Biden this week took what could be the first steps necessary to replace USPS Postmaster General Louis DeJoy.

In a statement on Monday, the White House explained that the president has moved to fill vacancies at the postal service’s Board of Governors, which has the power to name a new Postmaster General.

“Only the Board of Governors of the US Postal Service has the power to replace the Postmaster General,” the statement said. “The President can, however, nominate governors to fill vacancies on the board pending Senate confirmation.”

………

“President Biden’s focus is on filling these vacancies, nominating officials who reflect his commitment to the workers of the US Postal Service — who can deliver on the post office’s vital universal service obligation,” the White House added.

Now. bring back the Postal Bank so that poor people locked out of the banking system have an alternative to larcenous check cashing firms and the like.

Abolish the CBO

In the 2019 they used 11 studies, and found the median “directly affected employment” elasticities (closely related to the own-wage elasticity of employment) of around -0.25. Then they multiplied by 1.5 to capture “long run” effects, getting -0.38. pic.twitter.com/thBqW6t0Cj

— Arindrajit Dube (@arindube) February 8, 2021

The Twitter thread gets wonkier.  Short version:  The CBO juiced their report

The Republican hack running the CBO just released a report saying that raising the minimum wage would create unemployment.

That’s news to me, since the overwhelming majority of studies show no such effect.

The CBO report also disappointed people whose studies were actually used in that report.It also people who study this for a living, who note that the CBO report is complete sh%$: (I miss profanity SO much)

………

Michael Reich, a prominent minimum-wage expert at the University of California at Berkeley whose work is cited by the CBO, disputed the report’s more pessimistic estimates.

“Studies have found that wage floors have minimal to low effect on level of jobs or for inflation,” he said on a call with reporters. “Minimum-wage increases are generally paid for by small price increases, mostly in restaurants, but restaurants have increased sales….When low-wage workers get a wage increase they put it to good use — to improve living standards of themselves and their families.”

Reich did his own estimate of the minimum-wage proposal earlier this month, which found that instead of creating a budget deficit, it would increase federal tax revenue by $65 billion a year. This was due largely to increases in payroll taxes from higher wages and a reduction in government spending on safety net programs such as food stamps, Medicaid, and the Children’s Health Insurance Program, which are heavily used by people earning below minimum wage and living in poverty.

The problem is not that the CBO is full of crap now, it is that it is ALWAYS full of sh%$, and this is by design.

The CBO and the power that it is given by the Democratic Party establishment (There is no Democratic Party establishment) through PAYGO rules is not, and has not, fulfilled its stated purpose, to give Congress accurate and timely budget projections and information.

Rather it is a place where bills that might inconvenience fat-cat donors go to die.

U.S. Employers Added 49,000 Jobs in January – WSJ

“Bad” reason why unemployment rate fell

— Liz Ann Sonders (@LizAnnSonders) February 5, 2021

The Denominator Fell


The scariest jobs chart ever

The January jobs report came out, and the word is anemic.

The unemployment rate fell, but only because fewer people were actively looking for work, and the non-farm workforce only grew by 49,000.  (About 150,000 a month is necessary to maintain employment levels)

Not good:

U.S. employers resumed hiring in January, but the weak pace of job gains suggested a long road remains for the recovery.

The U.S. economy added 49,000 jobs last month. The small gain came after payrolls fell steeply in December, the first decline since the coronavirus pandemic triggered business shutdowns last spring. The unemployment rate fell to 6.3% in January from 6.7% a month earlier, in part reflecting fewer people searching for jobs.



“The recovery is only stumbling along at this point,” said Sarah House, senior economist at Wells Fargo Securities. “Yes, we managed to eke out a gain, but we’re still 9.9 million jobs shy of where we were back in February” of last year before the pandemic hit hard, she said.

Jobs grew strongly in business and professional services, mainly in temporary help roles, the Labor Department said in its January report on U.S. employment. Many sectors, though, lost jobs last month. The leisure and hospitality sector shed 61,000 jobs, following a steep decline of 536,000 in December. Retailers and warehouses cut jobs in January after adding jobs strongly over the holidays.

The unemployment rate decline in January was driven by two factors. More people dropped out of the labor force—meaning they weren’t actively looking for a job and may have grown frustrated with their employment prospects. Also, the number of people reporting themselves as employed increased, consistent with a generally upward trend in hiring since last spring.

………

The broader economic recovery stalled significantly this winter. Unemployment claims, a proxy for layoffs, have remained above pre-pandemic levels. Consumers cut back on spending, as some were wary of leaving their homes as virus cases surged. Others wanted to shop and dine out, but had limited options.

………

Companies might struggle to find workers in part because the share of people seeking work remains depressed. The labor-force participation rate was 61.4% in January, down from 63.3% in February 2020, before the virus hit. Some people aren’t looking for work out of fear of contracting the virus. Others are burdened by increased child-care responsibilities or discouraged by limited job opportunities.

………

Many workers are facing long spells of unemployment. Just over four million people were out of work for 27 weeks or longer in January, the Labor Department said, compared with nearly 1.2 million a year ago. Others who lost their jobs earlier in the virus crisis have regained employment, but at much lower wages.

This is why the Biden administration is running around with their hair on fire to get the stimulus package out.

This is why I continue to invoke the undead felidae with a high coefficient of restitution.

Prop 22 Lawsuit Dismissed by California Supreme Court

So, it appears that the Gypsy cab companies attempt to strip rights from their workers will proceed as planned.

This sucks: 

The California Supreme Court today shot down the lawsuit filed by a group of rideshare drivers in California and the Service Employees International Union that alleged Proposition 22 violates the state’s constitution.

“We are disappointed in the Supreme Court’s decision not to hear our case, but make no mistake: we are not deterred in our fight to win a livable wage and basic rights,” Hector Castellanos, a plaintiff in the case, said in a statement. “We will consider every option available to protect California workers from attempts by companies like Uber and Lyft to subvert our democracy and attack our rights in order to improve their bottom lines.”

As an aside, now is the time to start getting signatures to repeal the bill. 

The “Gig Economy” companies will have 2 years of showing that their so-called worker protections are a lie, so, unlike Prop 13, getting another bite at the apple is a good thing.

This is Not a Growing Vibrant Economy

Over the past 20 years, total employment in the US has grown by 11,767,000.

Over the same 20 years, employment among workers over 6o has increased by 11,879,000.

To put that in perspective, 101% of all the jobs gained in the past 20 years were among people who would have retired if the economy actually worked for people.

This might explain why the economists’ view of our economy, and that of ordinary people diverge so sharply.

To quote Douglas Adams, “This planet has – or rather had – a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movement of small green pieces of paper, which was odd because on the whole it wasn’t the small green pieces of paper that were unhappy.” 

What is going on, at least if you don’t buy into the rosy scenario promulgated by the St. Louis Fed, is that older people are working longer, because life has become more more precarious, with the end of defined benefit pensions, Wall Street looting of defined contributions (IRA, 401(K), etc.), and the general fall in wages over the past 45 years.

So people CAN’T retire, and younger workers are finding that the jobs that they would ordinarily get during their careers are not opening up.

It is a recipe for social unrest and extremism, but the green pieces of paper are quite happy:

Total U.S. employment grew by 11,767,000, or 8.5%, in the 20 years ending in December 2020. All that growth—11,879,000, or 101% of the total—was due to increased employment of people age 60 and older. Meanwhile, the net employment change over the past two decades of people ages 16-59 was -112,000 (-1% of the total change), despite this younger group being 3.8 times as large as the older group in December 2000 and still 2.4 times as large in December 2020. (See the figure below above.)

What’s Driving This Outcome

This age-skewed labor-market outcome was the result of two differences between the groups:

  • The older population (60 and older) grew much faster than the younger population (16-59).
  • The employment-to-population (E-P) ratio among those 60 and older increased significantly while the E-P ratio among the younger population declined, on balance.

With the exception of the large decline in the E-P ratio of the younger population, which is difficult to predict in the years ahead, the basic trend of rising employment among older workers is likely to continue for some time for the following reasons:

  • The older population is likely to continue growing faster than the younger group.
  • The E-P ratio of the 60 and older group is likely to increase further as the health and educational attainment of older people continues to improve and the demand for older workers persists.

See the Democratic Party Establishment (There Is No Democratic Party Establishment) Run. Run Democratic Party Establishment (There Is No Democratic Party Establishment), Run. Run, Run, Run

Outgoing DCCC director joins firm founded by former DCCC director who is partnered with the DCCC’s super PAC. https://t.co/ltpjl1oEHj

— Ryan Grim (@ryangrim) January 25, 2021

When I talk about the consultancy racket among the Democratic Party establishment (There is no Democratic Party establishment), this is what I mean.

I am Amused

Given his increasingly erratic behavior, and his reputation for stiffing his lawyers, it comes as no surprise that a majority Trump’s impeachment defense team just quit on him.

I’m wondering if they got fed up over his wish to re-litigate the election, or if he was pushing to testify before the Senate. 

It does not matter, I am amused:

Former President Donald Trump’s five impeachment defense attorneys have left a little more than a week before his trial is set to begin, according to people familiar with the case, amid a disagreement over his legal strategy.

It was a dramatic development in the second impeachment trial for Trump, who has struggled to find lawyers willing to take his case. And now, with legal briefs due next week and a trial set to begin only days later, Trump is clinging to his election fraud charade and suddenly finds himself without legal representation.

Butch Bowers and Deborah Barbier, who were expected to be two of the lead attorneys, are no longer on the team. A source familiar with the changes said it was a mutual decision for both to leave the legal team. As the lead attorney, Bowers assembled the team.

I am amused.

Not Walking the Walk

In response to years of poor decisions by upper management, they Ohio Democratic Party is laying off most of its employees and replacing them with temps, because the new management thinks that short term MBA style thinking and abusing your employees is a good look for the Democratic Party.

This is the single stupidest thing that I’ve ever heard of a member of the Democratic Party establishment (There is no Democratic Party establishment) doing who was not working on Hillary Clinton’s 2016 Presidential campaign:

More than half of the permanent staffers at the Ohio Democratic Party have been let go under the leadership of the party’s new chairman, multiple Democratic sources have confirmed.

………

Earlier this month Democrats installed a new chairman, Liz Walters, an elected official from Summit County, to replace ex-chairman David Pepper, who decided to step down after the election.

Ms. Walters promised an overhaul of the party, which has struggled in recent statewide election cycles. Both parties are now looking ahead to a newly competitive U.S. Senate race with Rob Portman’s surprise retirement announcement and a gubernatorial race in 2022.

Sam Melendez, director of the party’s Main Street Initiative, said on Twitter on Friday that he was being let go. The program he headed was started in 2015 to recruit and train local candidates.

………

The party’s data department staffers are among those also let go, sources say.

Yeah, outsourcing your IT to high priced consultants always results in lower costs and more effective services, said no one ever.

Employees were laid off with no more than a week’s notice and no severance, sources say, and the staffers being let go are expected to be replaced with independent contractors in a bid to save money.

………

“I have a bunch of information to share with stakeholders before I comment to the press,” [Liz Walters] said.

………

In 2018 the Ohio Democratic Party became the first state party to recognize a chapter of the Campaign Workers Guild, which represented seasonal campaign organizers during the 2018 midterm election who sought better pay and working conditions.

Interesting factoid at the end, and I can’t help but wonder if maybe this is about taking out the union as well.

Outsource the seasonal campaign organizers to a Washington consultancy group, and let them treat your workers like shit, because this is what the Democratic Party is all about in Ohio, I guess.

Hypocrites and morons.

I, for One, Welcome Our New Inflatable Rat Overlords

Now that Joe Biden has fired corrupt National Labor Relations Board general counsel Peter Robb, it appears that Scabby the Rat is safe for now.

Robb, a former union busting lawyer, has been on a jihad against the union mascot Scabby the Rate, First Amendment be damned.

Hopefully, the new NLRB council won’t be such a corrupt unethical bastard:

The fate of Scabby the Rat is up in the air after President Joe Biden forced out National Labor Relations Board general counsel Peter Robb, who had made it one of his top priorities to deflate the union protest symbol, and tapped a new acting general counsel on Monday.

In one of his first actsafter taking office Jan. 20, Biden sent the Trump-appointed Robb and deputy NLRB general counsel Alice Stock packing. On Monday, Biden tapped NLRB Chicago regional director Peter Sung Ohrto be acting general counsel.

Legal experts say those shake-ups could mean the end of Robb’s attempt to muzzle the ratbased on a legal theorythat unions violate the National Labor Relations Act when they deploy the fanged, red-eyed rodent in so-called secondary boycotts.

………


And the general counsel has the authority to decide which cases can continue to proceed before the board, said Alyssa Busse, a union-side attorney at Allison Slutsky & Kennedy PC, which could mean the end of cases that seek to upend precedent protecting the inflatable pest.

“Even though the general counsel is separate from the board, the general counsel still has significant influence on which cases are brought before the board,” Busse said.

………


The general counsel’s office is challenging an NLRB administrative judge’s ruling that the display, which shamed Lippert “for harboring rat contractors,” may have embarrassed company officials but did not block customers or workers. Robb wanted the board to consider doing away with two Obama era decisions that gave workers the right to use banners and Scabby during secondary protests as long as they were not confrontational or disruptive.

In October, the NLRB sought public inputon whether it “should alter its standard” and limit workers’ rights to display the rat and banners during secondary protests.

Those comments, now submitted to the board, put the case even closer to a decision that could upend the current law, clarify it or leave it untouched.

………


But a more likely path is that the acting general counsel will drop the case against Lippert Components, according to Andrew D. Midgen, an attorney at labor-side firm Pitta LLP.

“Even though the [Lippert] case is fully briefed, the acting GC has the authority to withdraw the complaint. There are good grounds within the NLRA and Supreme Court precedent that decides prosecutorial and adjudicatory decision-making within the agency,” Midgen said. “As long as it’s a prosecutorial decision, then the final authority rests within the acting GC. The decision as to whether to pursue a complaint is a prosecutorial decision.”

Whether the board issues a decision on the Lippert case, or another case pending at the board over Scabby, Ohr could also change the guidance to NLRB regional offices on how to handle relevant cases and what legal theories they must pursue, experts said.

Robb’s office issued multiple memos in recent years ordering regional offices to pursue cases in which unions allegedly violated the NLRA by using the rat and other long-recognized symbols of labor protests that often pop up during union demonstrations.

Here’s hoping that this is the beginning of a trend.

One of the worst things that Obama did when he got into office was to knife labor in the back by abandoning the  the Employee Free Choice Act.

It was horrible policy, and worse politics.

Here is Hoping that the Lawsuit Succeeds

The SEIU is suing to overturn Proposition 22, which was intended by Uber and the rest of the “Gig Economy” companies to keep their employees as peons.

Shame on them for pushing that plebiscite, and shame on the voters in California for voting yes: 

A group of rideshare drivers in California and the Service Employees International Union filed a lawsuit today alleging Proposition 22 violates California’s constitution. The goal of the suit is to overturn Prop 22, which classifies gig workers as independent contractors in California.

The suit, filed in California’s Supreme Court, argues Prop 22 makes it harder for the state’s legislature to create and enforce a workers’ compensation system for gig workers. It also argues Prop 22 violates the rule that limits ballot measures to a single issue, as well as unconstitutionally defines what would count as an amendment to the measure. As it stands today, Prop 22 requires a seven-eights legislative supermajority in order to amend the measure.

………

This suit is the latest in a long battle between gig workers and tech companies. Meanwhile, Uber and Lyft have their eyes on pursuing Prop 22-like legislation elsewhere. Given Uber and Lyft’s anti-gig-workers-as-employees stance, it came as no surprise when Uber and Lyft separately said they would pursue similar legislation in other parts of the country and the world.

The Gypsy cab companies and the rest of them figured that if they spent enough money, they could get the voters to approve their abomination, and that once it passed, they could continue to mistreat their employees.

If this gets overturned, it will be much harder to get a second bite at the apple, because they, and other companies, have taken the law as an opportunity to be evil, and people will not forget this.

The Good,

Gary Gensler, who surprised everyone when he was appointed by Obama as the head of the  Commodity Futures Trading Commission (CFTC) and then aggressively pushed for regulation and investigations of fraud, is Biden’s choice to head the Securities and Exchange Commission (SEC).  

Word is that Wall Street is crapping their pants over this choice:

Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden, said two sources familiar with the matter, an appointment likely to prompt concern among Wall Street firms of tougher regulation.

Gensler was chair of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014, and since November has led Biden’s transition planning for financial industry oversight.

His appointment as the country’s top securities regulator is expected to put an end to the four years of rule-easing that Wall Street banks, brokers, funds and public companies have enjoyed under President Donald Trump’s SEC chair Jay Clayton.

At the CFTC, Gensler implemented dramatic new swaps trading rules mandated by Congress following the 2007-2009 financial crisis, developing a reputation as a hard-nosed operator willing to stand up to powerful Wall Street interests.

A former Goldman Sachs banker and a professor at MIT Sloan School of Management, Gensler also oversaw the prosecution of big investment banks for rigging Libor, the benchmark for trillions of dollars in lending worldwide.

When he came into the CFTC, it was assumed that he would be yet another corporate stooge.

Instead he was a pleasant surprise in an administration that was largely defined by corporate stooges.

The Bad,

Samantha Power has been picked by Biden to head USAID

Power is a bloody lunatic, who is almost as prone to demand the use of military force as the late and unlamented John McCain.

The is a warmonger of the highest order, and given that USAID is frequently used as a cutout to support regime change activities by the US State Security Apparatus, this is not good.

Former UN Ambassador Samantha Power, (in)famous for her screaming duels over Syria with late Russian envoy Vitaly Churkin, was picked by Joe Biden to head the US Agency for International Development (USAID) in his administration.

Though her appointment was rumored in Washington for weeks, Biden’s transition team officially confirmed it on Wednesday. Power is best known for her “humanitarian” interventionism advocacy. As an aide at the Obama White House, she championed US intervention in Syria and Libya – where US-backed Islamist militants sought to overthrow secular governments – in the name of stopping “genocide.”

Let us not forget that the intervention that she forcefully championed in Libya has led to the return of open air slave markets, and Syria………

And The Ugly

That would be Victoria “Fuck the EU” Nuland, whose pathological hatred of the Russians is largely responsible for the Ukraine the mess it is today.  (War, Fascism, Corruption, the deification of Nazi Sympathizers, etc.), who has been picked by Biden to be the Undersecretary of State for Political Affairs

This is a remarkably bad idea, if just because she was the prime mover behind the Ukrainian coup, which closely mirrors what happened at the Capitol on January 7

Who is Victoria Nuland? Most Americans have never heard of her because the U.S. corporate media’s foreign policy coverage is a wasteland. Most Americans have no idea that President-elect Biden’s pick for Deputy Secretary of State for Political Affairs is stuck in the quicksand of 1950s U.S.-Russia Cold War politics and dreams of continued NATO expansion, an arms race on steroids and further encirclement of Russia.

Nor do they know that from 2003-2005, during the hostile U.S. military occupation of Iraq, Nuland was a foreign policy advisor to Dick Cheney, the Darth Vader of the Bush administration.

You can bet, however, that the people of Ukraine have heard of neocon Nuland. Many have even heard the leaked four-minute audio of her saying “Fuck the EU” during a 2014 phone call with the U.S. Ambassador to Ukraine, Geoffrey Pyatt.

During the infamous call on which Nuland and Pyatt plotted to replace the elected Ukrainian President Victor Yanukovych, Nuland expressed her not-so-diplomatic disgust with the European Union for grooming former heavyweight boxer and austerity champ Vitali Klitschko instead of U.S. puppet and NATO booklicker Artseniy Yatseniuk to replace Russia-friendly Yanukovych.

………

Despite outrage from German Chancellor Angela Markel, no one fired Nuland, but her potty mouth upstaged the more serious story: the U.S. plot to overthrow Ukraine’s elected government and America’s responsibility for a civil war that has killed at least 13,000 people and left Ukraine the poorest country in Europe.

In the process, Nuland, her husband Robert Kagan, the co-founder of The Project for a New American Century, and their neocon cronies succeeded in sending U.S.-Russian relations into a dangerous downward spiral from which they have yet to recover.

Nuland accomplished this from a relatively junior position as Assistant Secretary of State for European and Eurasian Affairs. How much more trouble could she stir up as the # 3 official at Biden’s State Department? We’ll find out soon enough, if the Senate confirms her nomination.

………

The neocons’ coup de grace against Obama’s better angels was Nuland’s 2014 coup in debt-ridden Ukraine, a strategic candidate for NATO membership right on Russia’s border.

………

The muscle for Nuland’s $5 billion coup was Oleh Tyahnybok’s neo-Nazi Svoboda Party and the shadowy new Right Sector militia. During her leaked phone call, Nuland referred to Tyahnybok as one of the “big three” opposition leaders on the outside who could help the U.S.-backed Prime Minister Yatsenyuk on the inside. This is the same Tyanhnybok who once delivered a speech applauding Ukrainians for fighting Jews and “other scum” during World War II.

After protests in Kiev’s Euromaidan square turned into battles with police in February 2014, Yanukovych and the Western-backed opposition signed an agreement brokered by France, Germany and Poland to form a national unity government and hold new elections by the end of the year.

But that was not good enough for the neo-Nazis and extreme right-wing forces the U.S. had helped to unleash. A violent mob led by the Right Sector militia marched on and invaded the parliament building, a scene no longer difficult for Americans to imagine. Yanukovych and his members of parliament fled for their lives.

………
 
Nuland’s militaristic worldview represents exactly the folly the U.S. has been pursuing since the 1990s under the influence of the neocons and “liberal interventionists,” which has resulted in a systematic underinvestment in the American people while escalating tensions with Russia, China, Iran and other countries.

Nuland is a complete horror show, and she should be kept as far as possible from the reins of power as possible.

She is a disaster waiting to happen.

The Velocity of a Dead Cat at the Apex

Initial jobless came out today, and it was pretty fucking awful, with jobless claims rising by 181,000 to 965,000 initial claims.

The stimulus has run its course, and the dead cat bounce has begun its downward path:

The number of workers filing for jobless benefits posted its biggest weekly gain since the pandemic hit last March and the head of the Federal Reserve warned the job market had a long way to go before it is strong again.

Applications for unemployment claims, a proxy for layoffs, rose by 181,000 to 965,000 last week, the Labor Department said Thursday, reflecting rising layoffs amid a winter surge in coronavirus cases.

The total for the week ended Jan. 9 also was the highest in nearly five months and put claims well above the roughly 800,000 a week they had averaged in recent months.

………

The U.S. labor-market recovery stalled last month with the December jobs report showing the U.S. lost 140,000 payroll positions. The economic recovery’s slowdown has included weakness in household spending, though economists expect the economy to rebound later this year as a Covid-19 vaccine is distributed through the population.

But the increase in unemployment claims is another sign that the economic recovery is, at least for now, sputtering, as Covid-19 infections hit record levels nationwide.

On a political note, this is a pretty good indication as to what a bad idea it is to play nice with Republicans over a stimulus package.

They are philosophically opposed to fixing this, and they are politically inclined to focus exclusively on taking down a Democratic President.

When you are being chased by wolves, don’t stop to bake them a cake.

Threat of the Day

Hire any of Trump’s fellow fabulists above, and Forbes will assume that everything your company or firm talks about is a lie. We’re going to scrutinize, double-check, investigate with the same skepticism we’d approach a Trump tweet. Want to ensure the world’s biggest business media brand approaches you as a potential funnel of disinformation? Then hire away.

Randall LaneForbes, Chief Content Officer and Editor at Forbes Magazine

He is talking about Trump’s PR flacks, Sean Spicer, Kellyanne Conway, Sarah Huckabee Sanders, Stephanie Grisham, and Kayleigh McEnany.

I would add other personnel who served as as part of the axis of lying, Elaine Chao, Steve Mnuchin, Betsy Devos, Mike Pompeo, etc. to people who should not be allowed to return to polite to society, much less cash in.

Not Good


What a Dead Cat Bounce Looks Like

Though initial unemployment claims fell slightly last week, by 3000, to 787000, the monthly jobs report shows non-farm employment falling for the first time since April.

The earlier stimulus efforts that propelled the economy have ended, and gravity has reasserted itself:

The U.S. economy shed 140,000 jobs in December — the first month of decline since the earliest months of the pandemic, as the recovery makes a U-turn after months of surging infections and delayed congressional action.

The unemployment rate stayed level at 6.7 percent.

The report, the last of President Trump’s time in office, showed the havoc that the pandemic continues to wreak on the economy as the country struggles to control the level of infections.

Employment in leisure and hospitality industries declined by 498,000, the majority of that at restaurants, bars and other food service establishments, which have struggled amid limitations from cold weather and a new round of restrictions across the country.

Employment in another tourism-related category — amusements, gambling and recreation — fell by 92,000. Government employment declined by 42,000. These declines offset modest gains in other sectors, such as professional and business services, retail and construction.

………

“It’s a damaged labor market,” said Augustine Faucher, chief economist at the PNC Financial Services Group. “But it is a labor market that is poised for recovery, given the fact that we are seeing the vaccine. With support from the federal government and support from the Federal Reserve, it could see a strong rebound over the next few years.”

Too many blither idiots (I’m talking to you, Larry Summers) are more concerned about hippie punching than they are about fixing things.

I Hope that this is a Fuck You to Mitch McConnell

When I heard that Joe Biden intends to nominate Merrick Garland as US Attorney General, my first reaction was that this is a MASTERFUL “Fuck You” directed at Mitch McConnell.

Just to remind you of recent history, when Supreme Court Justice Antonin Scalia choked on his own bile in early 2016, Barack Obama nominated Merrick Garland, a well respected, and rather moderate, appellate court judge to replace him.

Mitch McConnell not only refused to allow a vote in Garland, he instructed members of the Republican Caucus not even to meet with him.

It’s how that lunatic Gorsuch ended up on the court.

In nominating Garland for AG, Biden has a chance to replace him with a younger judge (Garland is 68).

Additionally, Garland someone who has been thoroughly vetted on multiple occasions, and has served extensively at the Justice Department, being a US Attorney, an assistant to the AG, and Deputy Assistant AG.

One thing that is pretty clear about him, he won’t take any crap from Mitch McConnell:

President-elect Joe Biden plans to nominate federal judge Merrick B. Garland, a Democratic casualty of the bitter partisan divide in Washington, to be the next attorney general, tasked with restoring the Justice Department’s independence and credibility, according to people familiar with the decision.

Garland, 68, serves on the federal appeals court in the District. He is best known for being nominated to the Supreme Court in 2016 by President Barack Obama — a nomination that went nowhere because Senate Republicans refused to give him a hearing. The opening on the high court was eventually filled the following year by President Trump’s choice, Neil M. Gorsuch.

………

Many Democrats still think of Garland as a living example of Republican double-standards when it comes to the courts and the law, though some Biden advisers have come to view him as well-suited to restore norms of nonpolitical decision-making at the Justice Department, given his track record as a judge and a former senior official at the department, according to people familiar with the decision. Like others, they spoke on the condition of anonymity because Biden’s selection has not been formally announced yet.

The Republicans said that it was too close to the election (9 months), and then pushed through  Amy Coney Barret in 6 weeks to beat the election.

Everything I’ve seen indicates that he probably won’t go after the blatant corruption and self-dealing of McConnell and his wife, former Transportation Secretary Elaine Chao, but nobody’s perfect.

Today in Self Immolation

Right wing attorney Cleta Mitchell, who sat in on Donald Trump’s now infamous call to the Georgia Secretary of State, offering advice/self incrimination, has been fired by the white shoe law firm that hired her.

It’s reported as a resignation, but it’s a firing:

Republican lawyer Cleta Mitchell, who advised President Trump during his Saturday phone call with Georgia’s secretary of state in an effort to overturn the election, resigned on Tuesday as a partner in the Washington office of the law firm Foley & Lardner.

Mitchell’s resignation came after the law firm on Monday issued a statement saying it was “concerned by” her role in the call. The firm noted that as a matter of policy, its attorneys do not represent “any parties seeking to contest the results of the election.”

The Washington Post on Sunday published audio and a transcript of the hour-long call in which Trump pressured Georgia Secretary of State Brad Raffensperger to overturn the election results. During the call, Mitchell complained that she had not been given access to certain information from Raffensperger’s office, and Trump relied on her to an extraordinary degree during the call.

I cannot say that I am in any upset at Trump dead-enders losing their jobs.

I’m sure that Amazon is hiring. 

Karma, neh?

This is Worrying

The Secret Service is shuffling the staff for the Presidential detail, and it is strongly implied that this is because some members of Trumps detail are seen as unreliable.

This is what happens when you take a wrecking ball to the civil service, as Trump has:

The Secret Service is making some staff changes in the presidential detail that will guard President-elect Joe Biden, amid concerns from Biden allies that some current members were politically aligned with President Trump, according to two people familiar with the changes.

As Biden readies his new administration, the Secret Service plans to bring back to the White House detail a handful of senior agents whom Biden knows well from their work more than four years ago guarding him and his family when he was vice president.

Staff changes are typical with the arrival of a new president and are designed to increase the trust and comfort the incoming president feels with his protective agents, who often stand by the president’s side during sensitive discussions and private moments.

But the shifts underway occur at a particularly contentious time, as Trump has blamed his reelection loss on unfounded allegations of voter fraud and has sought to block his administration from treating Biden as the president-elect. Some in the Secret Service also came under criticism during Trump’s tenure for appearing to embrace his political agenda.

For instance, some presidential detail members urged other agents and Secret Service officers not to wear masks on presidential trips this year — against the administration’s own public health guidance — as the president felt wearing masks projected weakness, The Washington Post has reported.

This will not end well.

Why did This Take 9 Months

The Louisville Metro Police Department intend to fire two more police officers involved in the shooting of Breonna Taylor.

Gee, it only took 9 months.

We all know that without the protest, all three officers would still be on the force, and that there would be no criminal charges filed:

The Louisville police officer who fired the shot that killed Breonna Taylor, a Black emergency room technician whose death set off a wave of protests on American streets, was told on Tuesday that the department was moving to oust him from the force, as was a second officer who obtained a judge’s approval for the poorly planned nighttime raid on her home.

“Second officer who obtained a judge’s approval,” is an awfully circuitous way of saying, “LIED TO A JUDGE.”

The move is the most significant acknowledgment by the department that its officers had committed serious violations when they burst through Ms. Taylor’s door late one night in March, encountered gunfire, and then fired a volley of shots at her and her boyfriend. The terminations mark an effort by the city’s interim police chief, Yvette Gentry, to achieve the reckoning she promised when she came out of retirement to lead the troubled department into the beginning of the new year.

Lawyers for Detective Myles Cosgrove, one of the officers who shot Ms. Taylor, and Detective Joshua Jaynes, who prepared the search warrant for the raid, said each had received notices of termination. Both have been on administrative reassignment as the investigations have been underway.

Until now, the only officer held accountable in the case had been Brett Hankison, a detective, who was fired in June for violating the department’s deadly force policy by shooting off 10 rounds from outside the apartment through two of Ms. Taylor’s windows. He was indicted by a grand jury in September on three counts of wanton endangerment because shots he fired entered a neighboring apartment.

This sort of sh%$ is not going to end until police start being held accountable for their actions.