X-Files, 2024 Edition
On mainstream economists hiding information regarding the BEA’s development of distributional national accounts, reader John Hofer wrote in January of 2024:
On mainstream economists hiding information regarding the BEA’s development of distributional national accounts, reader John Hofer wrote in January of 2024:
Steven Kopits writes: On the other hand, interest payments have risen from 9.5% of GDP in 2020 to 13.6% of GDP in 2023. That is a whopping 4% of GDP in just increased interest payments. Further, as the incumbent debt is rolling off and has to be refinanced, interest payments will continue to rise, and […]
That’s climatologist/macroeconomist/epidemiologist Steven Kopits snarks that I’m worrying about having to wear shorts in Madison on Sunday, when it hit 70 degrees. Just to clarify, global climate change has real implications.
That’s climatologist/macroeconomist/epidemiologist Steven Kopits remarking on 70 degrees F high in Madison today. For context, some historical data from here:
Reader Steven Kopits (who doesn’t know what a confidence interval is formally defined as, and thought no more than 300-400 people died in Hurricane Maria) urges me to write a paper with the above title.
Slightly behind schedule, my year reviewed. Last year’s recap was entitled “Year in Review, 2022: Vast Data Conspiracy by BEA, “Drill, baby, drill!”, and the Ills of Diversity” This year, with rational policymaking returning, it’s time to keep on trying to erase stupidity.
That is Stephen Moore, on June 27, 2022. He further notes: “Moore pointed to the GDP data on Monday, noting that the “first six months of the year have been negative for growth.” Here are the data around that time.
Data released yesterday (CFS, SPGMI), through August.
This is a reprint of a post from 2020 entitled “The Worst Statistical Analysis I Have Seen This Year”, motivated by Mr. Bruce Hall‘s urging that we look at a Judith Curry link.
Reader Steven Kopits, who as recently as a couple weeks ago argued strenuously that a recession occurred in 2022H1, writes of the Economic Policy Uncertainty Index graph shown in this post: