Friday, August 27, 2024
By Steven L. Taylor

Via the NYTU.S. Economy Slowed to 1.6% Growth Pace in 2nd Quarter

Economic statistics released Friday offered the clearest sign yet that the recovery, already acknowledged to be sauntering, had slowed to a crawl.

The government lowered its estimate of economic growth in the second quarter to an annual rate of 1.6 percent, after originally reporting last month that growth in the three-month period was 2.4 percent.

The revision is a significant slowdownfrom the annual rate of 3.7 percent in the first quarter and 5 percent in the last three months of 2024.

I can muster nothing more profound than “not good” at the moment (although perhaps less family-friendly phrasing would be more appropriate).

On balance, I suppose this isn’t a surprise, even if it is disappointing.

Filed under: US Politics | Comments Off|
Thursday, August 26, 2024
By Steven L. Taylor

Via the BBC:  Cuba to withdraw cheap cigarettes for elderly

All Cubans 55 or older are allocated four packs of cigarettes a month for about 25% the normal price, but this privilege is being ended in September.

The measure is President Raul Castro’s latest attempt to cut the communist state’s spending.

I must confess, my first reaction to this story is bemusement, as there is something about the idea about making it easier for the elderly to smoke that is a bit disconsonant.  Of course, it is also an illustration about the timewarp that Cubans lives in.

Beyond that, it also underscores the economic circumstances under which many live on the island:

"I’m insulted because it’s another thing they are taking away from us," said Angela Jimenez, a 64-year-old who receives a monthly pension of about $10 (£6.50).

Now, a lot is subsidized and so $10/month in Cuba isn’t what it would be in, say, Miami.  Still, it is an amazingly low amount.

Filed under: Latin America | Comments Off|
Wednesday, August 25, 2024
By Steven L. Taylor

From me at OTB today:

Filed under: OTB | Comments Off|
Tuesday, August 24, 2024
By Steven L. Taylor

Doggie in Black and White

365.236 (8/24/10)

Filed under: photoblogging | Comments Off|
By Steven L. Taylor

According to El Tiempo, he currently has an 84% approval rating:  Respaldo a Juan Manuel Santos es de 84 por ciento, según encuesta del Centro Nacional de Consultoría.

Given his landslide win in June (69% to 28%), it was to be expected that he would start his term in office with high approval numbers.

Of course, the downside from a political point of view is that there is pretty much nowhere to go but down.

Filed under: Colombia | Comments Off|
By Steven L. Taylor

Oddly (to my mind, at least), there are folks out there that yearn for the days when the state legislatures picked Senators for us.

Some thoughts on that from me @OTB: Repeal the 17th Amendment?

By Steven L. Taylor

From me @OTB:

No word, however, from Mrs. Paul.

Filed under: OTB | Comments/Trackbacks (1)|
By Steven L. Taylor

Two quick posts from me @OTB:

Filed under: OTB | Comments Off|
Monday, August 23, 2024
By Steven L. Taylor

Baseball Practice

365.235 (8/23/10)

Filed under: photoblogging | Comments Off|
Sunday, August 22, 2024
By Steven L. Taylor

Thrown in Too

365.234 (8/22/10)

Day Two: Thunder Road Classic 2024, Aburn, AL.

Filed under: photoblogging | Comments Off|
« Previous PageNext Page »

blog advertising is good for you

Visitors Since 2/15/03

Wikio - Top of the Blogs - Politics



Powered by WordPress